The trial balance of Tees Electrical Tees Electrical contained the following information at the end of the company's fiscal period: TEES ELECTRICAL Trial Balance September 30, 2018 Debit Credit Cash $37,700 Accounts receivable 33,700 Merchandise Inventory 43,000 Store Supplies 8,800 Store Equipment 65,000 Accumulated Depreciation - Store Equipment $35,000 Delivery Equipment 38,000 Accumulated Depreciation-Delivery Equipment 6,000 Investment property 40,000 Notes Payable 65,000 Accounts Payable 19,800 Common Stock 80,000 Retained Earnings 30,000 Dividends 12,000 Sales 757,200 Bank charges 6,200 Cost of Goods Sold 505,400 Salaries Expense 110,000 Advertising Expense 26,400 Utilities Expense 14,000 Repair Expense Delivery Expense Rent Expense 12,100 16,700 24,000 $993,000 $993,000 TUBUQUE Additional Information: Page 2 1. Store supplies on hand total $3,500. 2. Depreciation is $12,000 on the store equipment and $6,000 on the delivery equipment. 3. The note is an 8% note payable. 4. The income tax due and unpaid at September 30 is $3,000. 5. $3,000 of the Note payable is due for payment next year. Required: a) Journalize any relevant adjusting journal entries. (8 marks) b) Prepare an adjusted trial balance. (8 marks) c) d) Prepare a multiple step income statement and a statement of retained earnings for the year ended September 30, 2018. (10 marks) Prepare a classified balance sheet as at September 30, 2018. (9 marks)