SPECIFIC REQUIREMENTS: 1) Provided below is the trial balance of the Turkeyfoot Golf Club, Inc. as of December 31, 2019. They prepare adjusting entries and close their books annually on December 31. Create T-accounts for each account listed in the trial balance, and enter the balances from the trial balance into your T-accounts (or general ledger accounts) -- and allow a few lines per account. Note that you must create ONE (and only one) T- account for each and every account (i.e., do not create more than one Cash T-account, more than one Retained Earnings T-account, etc.). So you will use the same T-accounts for posting regular transactional entries, adjusting entries, and closing entries. Also, to the extent possible, organize your T-accounts so that Assets are together, Liabilities are together, etc. (Please note that the assumption in this problem is that the regular (transactional) entries have ALREADY been recorded and posted to the T-accounts (or general ledger), and the trial balance below reflects that fact. (Therefore, you do not have to record the original journal entries that resulted in the balances shown in the trial balance --- and in fact, there is no way that you would be able to figure out what those journal entries were just by looking at the trial balance, anyway.) Credit $ 1,000 Turkeyfoot Golf Club, Inc. Trial Balance December 31, 2019 Debit Cash s 200,000 Accounts Receivable 60,000 Allowance for Doubtful Accounts Prepaid Insurance 24,000 Land 200,000 Buildings 900,000 Accumulated Depreciation of Buildings Equipment 300,000 Accumulated Depreciation of Equipment Common Stock Retained Earnings Dues Revenue Greens Fee Revenue Rent Revenue Utilities Expense 280,000 Salaries and Wages Expense 450,000 Maintenance Expense 280,000 2.694.000 S 200,000 100,000 800,000 252,500 400,000 775,500 165,000 2.694.000