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Unadjusted trial balance of Thanos Merchandising Company is given below: Thanos Merchandising Company Unadjusted Trial Balance December 13, 2019 Account Balance Bank 234.000 Interest Payable

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Unadjusted trial balance of Thanos Merchandising Company is given below: Thanos Merchandising Company Unadjusted Trial Balance December 13, 2019 Account Balance Bank 234.000 Interest Payable 225.000 Bank Loan (5 years) 90.000 Notes Receivable 420.000 Service Revenue 1.350.000 Cost of Service 720.000 Office Supplies 27.000 Accumulated Depreciation (Building) 420.000 Equipment 330.000 Marketing Expense ???? Building 600.000 Depreciation Expense (Building) 90.000 Interest receivable 112.500 Note payable (3 years) 375.000 Cash 42.000 Profit from sale of equipment 9.000 Account Receivable 171.000 Capital 1.155.000 Utilities Expense 288.000 Accounts Payable 210.000 Bank Loan (1 year) 75.000 Rent Expense 157.500 Prepaid Rent 75.000 Interest Expense 72.000 Accumulated Depreciation (Equipment) 270.000 Service discount 87.500 Land 1.200.000 Depreciation Expense (Equipment) 240.000 Interest Revenue 75.000 Insurance Expense 52.500 Unearned Service Revenue 105.000 Thanos Merchandising Company was established on January 1, 2019. As of December 31, 2019, the following additional information is available:1. 55.000 of Office Supplies has been used. 2. Accrued interest revenue is 310.000. 3. 515.000 of prepaid rent has expired as of December 31, 2019. 4. As of December 31, 201?. 520.000 of the Unearned Service Revenue is earned. Required: a. Find the Marketing Expense for the 1\"rear of 2019 (Hint: Write all the accounts to debit or credit sides while considering their nature. The total o'Fdebit and credit sides should be equal.) {10 points} b. Prepare and journalize the adjusting entries. [20 points} c. Prepare the adjusted trial balance. [20 points} d. Journaiize the closing entries. {20 points} e. Prepare Income Statement and Statement of Financial Position {Balance Sheet] of Thanos Service Companv in proper form. {30 points]

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