The unadjusted trial balance of Down and Dirty Laundry at August 31, 2021, the end of the current fiscal year, is shown below. Down and Dirty Laundry Unadjusted Trial Balance August 31, 2021 Dr. Cr. Cash Laudry Supplies 3,800 9,000 Prepaid Insurance 6,000 Laundry Equipment 180,800 Accumuated Depreciation - Laundry Equip. 49,200 Accounts Payable 7,800 Bobbi Downey, Capital 95,000 Bobbi Downey, Drawing 2,400 Laundry Revenue 248,000 Wages Expense 135,800. Rent Expense Utilities Expense Laundry 16,000 43,200 qlup3 ibnual Miscellaneous Expense 3,000 400,000 400,000 The data needed to determine year-end adjustments are as follows: a) Wages accrued but not paid at 8/31/21 are $2,200 b) Depreciation of equipment during the year is $8,150 c) Laundry supplies on hand at 8/31/21 is $2,000. d) Insurance premiums expired during the year are $5,300 Instructions: 1) For each account listed in the undajusted trial balance, enter the balance in the T account. Identify the balance as "Aug. 31 Bal." In addition, add T accounts for wages Payable, Depreciation Expense, Laudry Supplies Expense, Insurance Expense and Income Summary 2) Enter the unadjusted trial balance on an end of period worksheet and complete the worksheet. Add accounts listed in #1 as needed 3) Journalize and post the adjusting entries and identify them as "Adj." and the new balance as "Adj Bal 4) Prepare the Adjusted Trial Balance 5) Prepare the Income Statement, Statement of Owners Equity and Balance Sheet. No additional investments were made 6) Journalize and Post the Closing entries. Identify these as "Clo." 7) Prepare the Post-Closing Trial Balance Cash Laundry Supplies Prepaid Insurance Laundry Equipment Accumulated Depreciation - Laundry Equipment Accounts Payable Wages Payable Name: 1,3,6 Capital Income Summary Laundry Revenue Wages Expense Rent Expense Utilities Expense Drawing 1,3,6 Laundry Supplies Expense Depreciation Expense-Laundry Equip. Insurance Expense uamoan Miscellaneous Expense