Requirement 5 . Complete the worksheet for the month ended Decenber 31, 2024 The adjusied trial balance columns of the worksheet have been completed for you using the adjusted triat balance you prepared above. Complete the partal worksheot by populating the income Statement and Balance Sheet columns. On nmpamher 1. Al Wulliamson beaan an auto repair shop. Williamson's Quality Automotive. Th 1. Prepare the journal entries, and post to the T-accounts. 2. Prepare an unadjusted trial balance. 3. Prepare the adjusting entries, and post to the T-accounts. 4. Prepare an adjusted trial balance. 5. Complete the worksheet for the month ended December 31, 2024. 6. Prepare the income statement, the statement of retained earnings, and the classified balance sheet in reffort form. 7. Prepare the closing entries, and post to the T-accounts. 8. Prepare a post-closing trial balance. Williamson's Quality Automotive Adjusted Trial Balance December 31, 2024 Balance Account Title Cash Accounts Receivable Office Supplies Prepaid Insurance Land Equipment Accumulated Depreciation-Equipment Accounts Payable Utilities Payable Interest Payable Unearned Revenue Notes Payable Common Stock Credit \$ 61,530 2,400 800 900 18,000 14,400 240 1,300 300 60 980 27, 000 63,000 Accumulated nenr Enotimmnat Requirement 4. Prepare an adjusted trial balance. Review the T-accounts you prepared in Reguirement 3. Post the adjusting entries to the T-accounts. The unadjusted balances of the accounts ("Bal.") have been entered for you. Use the adjustment and corre (a)". "Adj, (b)", etc. Use a "Bal." posting reference on the last line of each T-account to show the adjusted balance of each account. Review the adiusting joumal entries you ncepared above. Pat 22 ot 32 Points: 2.82 of 5 K On December 1, Al Wiliamson began an auto repair shop, Williamson's Quality Automotive. The The business uses the following accounts: Utilties Payable Interest Payable Uneamed Revenue Notes Payable Common Stock Dividends Service Revenue Salaries Expense Rent Expense Utilitios Expense Advertising Expense Supplies Expenso Insurance Expense Intorost Expense Depr. Expense-Equip. Net income or loss Review the adjusting journal entries you prepared above. Requirement 3. Prepare the adjusting entries, and post to the T-accounts. Begin by preparing the adjusting entries. (Record debits first, then credits. Select the explanation on the last line of the journal a. Office Supplies used during the month, $800. b. Depreciation for the month, $240. b. Depreciation for the month, $240. c. One month insurance has expired. d. Accrued interest Expense, $60