This is ONE QUESTION with multiple parts in other words Multi-Part. Thank you Experts At the end of its quarter of operations, Margie Marketing Services has the following unadjusted trial balance Margie Marketing Service Trial Balance February 29, 2020 Dr. Cr. cash $ 25,600 Account receivable 18,000 supplies 5,600 prepaid insurance 18,500 land for investment 23,000 equipment 60,000 accumulated depreciation - equipment $ 28,000 building 50,000 accumulated depreciation - building $ 19,000 goodwill 26,300 notes payable $ 45,000 accounts payable 35,000 unearned service revenue $ 10,000 mortgage payable 50,000 owner's capital 30,000 owner's drawing 5,400 Service revenue 40,000 salaries and wages expense 7,000 utilities expense 12,000 advertising expense 5,600 total $ 257,000 $ 257,000 The adjusting entries that should be prepare are: 1 assume we perform half the service we owe 2 The mortgage requires Margie to pay interest at an annual rate of 14%. 3 $2,600 of supplies are on hand at February 29, 2016 4 In February Margie performed services worth $10,000 that were not billed to clients on or before February. 5 Insurance balance is for two years, calculate the amount that expires for the quarter. 6 The salary owe to Margie's employees on February 29, 2020 is $17,000 7 assume that depreciation on the equipment is $12,000 a year, and the depreciation for the building is $10,500 per year Instructions a) Jornalize y post the adjusting entries. (Value 95) b) Prepare the adjusted trial balance. (Value 54) c) Prepare the income statement (Value 34), the statement of owner's equity (Value 27) and a classified balance sheet (Value 63). d) Jornalize and post the closing entries (Value 79) e) Prepare a post-closing trial balance. (Value 45) Total value 95 54 124 79 45 397