Scenario: Dalton McDonald owns and operates D Mac Trucking Ltd but has no accounting personal to prepare his financial information and has approached your group for assistance. The companys financial year end is December 31 each year. They have provided the following information and transactions for 2022: Jan 1. Balances from 2021 Cash $400,000; Accounts Receivable $250,000; Supplies $205,000; Furniture and Equipment $600,000; Other Creditors $218,000; and Capital $1,237,000. Jan 2. The following assets were received from Dalton McDonald in exchange for capital in the company: cash - $200,000, accounts receivable - $61,000, supplies - $90,000, and furniture- $400,000. Feb 1. Paid fifteen (15) months rent on a lease rental contract, $450,000. Mar 30. Paid the premiums on the property and peril insurance policies for thirteen (13) months, $100,000. April 4. Received cash from clients as an advance payment for services to be provided in the coming months, $350,000. May 5. Purchased additional equipment on account from Magic Trucking, $120,000. June 6. Received cash from clients on account, $150,000. June 10. Paid cash for rental of equipment, $75,000. Aug 12. Paid Magic Trucking a portion of the debt incurred on May 5, $90,000. Sept 12. Recorded services provided on account for the period July 1 Sept 12, $400,000. Sept 30. Paid part-time workers salary, $195,000. Oct 17. Recorded cash from cash clients for fees earned during the first half of year, $390,000. Oct 30. Paid cash for supplies, $40,000. Oct 30. Recorded services provided on account for the period June to July, $190,000. Nov 24. Recorded cash from cash clients for fees earned for the period September 13- Nov 24, $310,000. Nov 25. Received cash from clients on account, $250,000. Nov 27. Paid part-time workers for salary $195,000. Dec 29. Paid telephone bill for the year 2022 $140,000. Dec 30. Paid electricity bill for the year 2022 $310,000. Dec 30. Recorded cash from cash clients for fees earned for the period September 14- Dec 30, $210,000. Dec 30. Recorded services provided on account for October to December 2022, $150,000. Requirement: SHOW ALL WORKINGS A. Prepare the opening journal entries and journalize each transaction in the general journal referring to the following chart of accounts in selecting the accounts to be debited and credited and include a narration for each transaction: Account # Account Name 11 Cash 12 Accounts Receivables 14 Supplies 15 Prepaid Rent 16 Prepaid Insurance 18 Furniture and Equipment 21 Other Creditors 22 Salaries Payable 23 Unearned Fees 31 Capital Stock 41 Fees Earned 51 Salary Expense 52 Rent Expense 53 Supplies Expense 54 Insurance Expense 55 Utilities Expense 56 Equipment Rental Expense 57 Income Summary B. Post the journal entries to their respective ledger accounts. C. Prepare a trial balance based on the balances derived after completing requirement #2. D. The company presented the following adjustments and required you to preparing the adjusting entries in the general journal (Narration required for each journal entry): Insurance expired during 2022, $95,000. Supplies on hand on December 31, 2022, $35,000. Unpaid salary on December 31, 2022, $195,000 Rent not expired on December 31, 2022, $90,000 Unearned fees on December 31, 2022, $50,000