Required: 1. Based on the information in the unadjusted trial balance, list types of adjustments on the balance sheet that may need to be adjusted at October 31 and the related income statement account for each (no computations are necessary). You may need to make assumptions. 2. Which accounts should be closed at the end of the year? Why? Recording Adjusting Entries E4-3 Diane Company completed its first year of operations on December 31, 2014. All of the 2014 entries ILO4 1 have been recorded except for the following: a. At year-end, employees earned wages of $4,000, which will be paid on the next payroll date, January 6, 2015. year end, the company had earned interest revenue of $1,500. The cash will be collected March 1, 2015