Required:The unadjusted trial balance as of December $31,2024,$ for the Bags Consulting Company

appears below. December $31$ is the company's reporting yearend.

From the trial balance and information given, prepare adjusting entries.

a$.$ The buildings have an estimated useful life of $50$ years with no salvage value. The company uses the straight$-$

line depreciation method.

b$.$ The office equipment is depreciated at $10$ percent of original cost per year.

c$.$ Prepaid insurance expired during the year, $$1,000.$

d$.$ Accrued salaries at yearend, $$1,500.$

e$.$ Rent to customers who paid in advance has been provided for $$6,300.$

Post the beginning balances and adjusting entries into the appropriate T$-$accounts.

Prepare an adjusted trial balance.

Prepare closing entries.

Prepare a post$-$closing trial balance.