The following was reviewed with Rondo and Laura and agree to the following adjustments for the year ended March 31: a) Physical Inventory counts shows $155,000 of supplies on hand. b) Prepaid rent at March 31 should be $13,000. c) Depreciation for 2023 is $75,000. d) Unearned Revenue should be $41,000. e) Wages in the amount of $40,000 are owed but unpaid and not recorded at year-end. f) 3 months interest at 8% on the note was paid on May 31. Interest for the period from January 1 to March 31 is not paid and not recorded. g) Income tax of $125,000 is owed but not recorded and unpaid.

Rondo wants Laura to provide him with the adjusting journal entries as well as the statement of earnings, statement of retained earnings and the statement of financial position

The year end for Acme Plastics Ltd. was just completed. Prior to sending the information to the external accountant Need Money, LLP. Rondo the owner wants the internal accounting team led by Laura to complete the financial statements starting with the unadjusted trial balance as of March 31, 2023. The following is the unadjusted trial balance as of March 31, 2023: Acme Plastics Ltd. Unadjusted Trial Balance March 31, 2023