Tara's Treasures provides you with the following information pertaining to her account $t$ balances prior to ADJUSTMENTS:

A$.$ Tara determines that $$895$ of the Supplies have been used up by the office staff.

B$.$ Tara Prepaid her Office Rent for $1$ year in advance, and $$2,500$ of the Prepaid Rent has expired this month

C$.$ Tara owns EQUIPMENT that depreciates at a rate of $$17,500$ per year.

D$.$ Tara collects revenue in advance before it is earned. Tara determines that $$2,800.$ of the unearned revenue has now been earned.

E$.$ Tara received a statement from her bank indicating she had earned $$1,400$ in Interest Income that she has not yet received.

F$.$ Tara has not yet paid her Utilities for the current month of $$1,500.$

Required:

Record the Adjusting Entries in the Journal

Tara reports the following Adjusted Trial Balance:

Account Name

Cash

Inventory

Building

Accum Dep

Account Payable

Stock

Retained Earnings

Dividends

Revenue

Rent Expense

Salary Expense

Utility Expense

Total

Debit

Credit

Required: Record the Closing Entries