WORK SHEET, ADJUSTING, CLOSING, AND REVERSING ENTRIES The trial balance for Darby Kite Store as of December 31, 20-1, is shown on page 610. At the end of the year, the following adjustments need to be made: a and b) Merchandise inventory as of December 31, $23,600. (c) Unused supplies on hand, $1,050. (d) Insurance expired, $250 (e) Depreciation expense for the year, $400. (f) Wages earned but not paid (Wages Payable), $360 (g) Unearned revenue on December 31, 20-1, $500. REQUIRED 1. Prepare a work sheet. 2. Prepare adjusting entries 3. Prepare closing entries. 4. Prepare a post-closing trial balance. 5. Prepare reversing entry(ies)