The Company numbered its chart accounts to correspond with the following format: 100's - assets 200's - liabilities 300's - equity 400's - revenues 500s - cost of goods sold 600's - selling expenses 800's - administrative expenses 900's - other income (expenses) Prepare separate formal general journal entries for the following adjustments by writing them on the General journal pages and then posting those amounts to the proper accounts listed on the Expanded Trial Balance under the "Adjustments" columns. The company uses the allowance method for recording bad debts and determined that account #800 was understated by $100,000. The company had not yet received invoices but owed the following amounts as of 09-30-16: $22, 324 interest expense on the Line of Credit $10,000 Accrued payroll $12, 802 Utilities ($10, 800 selling expense, the balance administrative) $20,000 Accounting fees for CPA services received in September, 2016 The Deferred Revenue had all been earned as of 09-30-16. The company physically counted inventory in the warehouse and determined it was understated by $50,000. The sales tax payable in the amount of $21, 841 was paid on 09-27-16 and the payment was accidentally posted to accounts payable account #200. The total balance of the mortgage payable is $2, 531, 982 of which $550,000 is due within the next 12 months. Prepaid Expenses were overstated by $17, 124 of expired insurance, $14, 215 Promotional Costs and $22, 500 in Travel (selling expense, not administrative). Mathematically extend the balances to the proper column under the "Adjusted T/B". Prepare the formal closing journal entry (close all temporary accounts in one single general journal entry), and post the amounts to the proper accounts listed under the "Closing Entries" column. Mathematically extend the balances to the proper column under the "Post Closing T/B