s The unadjusted trial balance of J. Giger Freight Co. at March 31, 2020, the end of the year, follows: J. Giger Freight Co. Unadjusted Trial Balance As of March 31, 2020 Account Name (Acct. #) Debit Balances Credit Balances Cash 11 22,000 Supplies 13 30,000 Prepaid Insurance 14 3,600 Equipment 16 120,000 Accumulated Depreciation - Equipment Trucks 17 25,000 18 50,000 Accumulated Depreciation - Trucks 19 15,000 Accounts Payable 21 4,000 Common Stock 31 26,000 Dividends Retained Earnings Service Revenue Wages Expense Rent Expense 32 80,000 33 15,000 41 160,000 51 45,000 53 10,600 Truck Expense Miscellaneous Expense 54 9,000 59 4,800 310,000.00 310,000.00 The data needed to determine year-end adjustments are as follows: i. Supplies on hand at March 31 are $7,500. ii. Insurance premiums expired during year are $1,800. iii. Depreciation of equipment during year is $8,350. iv. Depreciation of trucks during year is $6,200. V. Wages accrued but not paid at March 31 are $600. Instructions a. For each account listed in the trial balance, enter the balance in the appropriate Balance column of a four column General Ledger worksheet. b. Journalize and post the adjusting entries, inserting balances in the accounts affected. Record the adjusting entries on Page 26 of the journal. The following additional accounts from J. Giger Freight Co.'s chart of accounts should be used: Wages Payable, 22; Supplies Expense, 52; C. Depreciation Expense-Equipment, 55; Depreciation Expense-Trucks, 56; Insurance Expense, 57. Prepare an adjusted trial balance. d. Prepare an income statement, a retained earnings statement, and a balance sheet. e. Journalize and post the closing entries. Record the closing entries on Page 27 of the journal. (Income Summary is account #34 in the chart of accounts.) Indicate closed accounts by inserting a line in both Balance columns opposite the closing entry. f. Prepare a post-closing trial balance