Valley Realty acts as an agent in buying, selling, renting, and managing real estate. The unadjusted trial balance on July 31, 2022, is shown below: Vallley Realty Adjusted Trail Balance for July 31, 2022 Cash Dr Cr 52500 Account Receivable 112700 Office Supplies 5000 Account payable 21000 Cindy Capital 87500 Cindy Drawing 44800 Revenue earned 491500 Salaries expense 385000 600,000 600,000 Total The following business transactions were completed by Valley Realty during August 2022, 1. Purchased office supplies, $8,150 pay 3650 by cash and the reminder to be paid next month. 4. Received cash from clients on account, $83,900. 23. Paid creditors on account, $13,750 25. Recorded revenue earned and billed to clients during the month, $183,500. The following adjustment require to be done at the end of the period Record revenue $12,000 not bill the client yet, Office supply used during the period $1,500 Requirements: 1. 2. Journalize the above transaction 3. Post them to ledger 4. Prepare Unadjusted trail balance 5. Journalize the adjustment 6. Prepare adjusted Trail balance 7. Prepare closing journal 8. Prepare post closing Trail balance