Use entire accounting cycle to prepare the post-closing trial balance with the adjustment data given.

As the bookkeeper of palmer's Plowing you have been asked to complete the entire accounting cycle for Palmer from the following information. Palmer invested $9,000 cash and $9,000 worth of snow equipment into the plowing company. Paid 5 months' rent in advance for garage space, $4,000. Purchased office equipment from Lewis corp. for $9,6000 on account. Purchased snow supplies for $600 cash. Collected $11,000 from plowing local shopping centers. Plowed Mao withdrew $8,000 from the business for personal use. Plowed Riverton Co. parking lots, payment not to be received until march, $8,000. Paid salaries to employees, $2,100. Faid Lewis Corp. one-half amount owed for office equipment. Advertising bill received from Taft Co. but will not be paid until March, $300. Paid telephone bill, $180. Use the following chart of accounts. Adjustment Data snow supplies on hand, $100. Rent expired, $800. Depreciation on office equipment, $160: ($9,600/5 yr = $1,920/12 mo. = $160). Depreciation on snow equipment, $150: ($9,000/5 yr = $1,800/12 mo. = $150). Accrued salaries, $340