The balances of the ledger accounts for Dill's Farming Services on March 31, 20X1, and the information needed for adjustments are shown below. Account NameBalance101Cash5,250121Accounts receivable2,525 130Supplies1,400 140Prepaid insurance6,000150Equipment12,000155Accumulated depreciation Equipment202Accounts payable2,425301Old Man Dill, Capital25,725302Old Man Dill, Drawing2,450402Fees income7,250502Advertising expense525503Rent expense1,300504Salaries expense3,200505Supplies expense506Insurance expense507Utilities expense750508Depreciation expenseEquipment Adjustment information: A. The supplies were purchased on March 1, 20X1. An inventory of supplies showed $600 on hand on March 31, 20X1.B. The amount of Prepaid Insurance represents a payment made March 1, 20X1, for a six-month insurance policy.C. The equipment, purchased March 1, 20X1, has an estimated useful life of 5 years with no salvage value. The firm uses the straight-line method of depreciation.Prepare the Trial Balance section, record the adjustments, and complete the worksheet.