ree preparation of adinsor Corporation is reproduced on the following page. The information below is n ting entries needed to both properly match revenues and expenses for the perio r balances in the real and nominal accounts. Required: (25 points) As the accountant for Winsor Corporation, you are to (1) prepare adjusting entries based on the data below (a-), (2) enter the adjustments on the work sheet and shecomplete the aditional columns with respect to the adjusted trial balance, the income statement and balance sheet. *Carefully key your adjustments and label all items. Round all computations to the nearest dollar ere are seveal accounts you will need to add to the worksheet. (a) Winsor determined that one percent of sales will become uncollectible. (b) Depreciation is computed using the straight-line method, with a ten-year life and $5,000 salvage value. (c) Salesmen are paid commissions of 15% of sales. Commissions on sales for December have not been paid. (Hint: The balance in the Sales Commission Expense account of $39,000 is before adjustment. Calculate amount of commissions accrued, but not paid. (d) The note was issued on October 1, bearing interest at 8%, due Feb. 1, 2018. (e) A physical inventory of supplies indicated $440 of supplies currently in stock. Provisions of a lease contract for the rental of office space specify payments must be made one month in advance, with monthly payments at $300/mo. This provision has been complied with as of Dec. 31, 2017. (Hint: Since the trial balance contains no account for Prepaid Rent, the alternate method has apparently been used.)