Worksheet, Statement of Financial Position, Adjusting and Closing Entries Cooke Company has a fiscal year ending on September 30. Selected data from the September 30 worksheet are presentedbelow.

Instructions
(a) Prepare a complete worksheet.
(b) Prepare a classified balance sheet.
(c) Journalize the adjusting entries using the worksheet as a basis.
(d) Journalize the closing entries using the worksheet as a basis.
(e) Prepare a post-closing trial balance.

Trial Balance Adjusted Trial Balance Credit Debit Debit Credit Cash 37.400 37,400 Supplies 18.600 4,200 Prepaid Insurance 31.900 3,900 80.000 Land 80,000 120,000 Equipment Accumulated Depreciation 120,000 35.200 42.000 14,600 14,600 Accounts Payable 2.700 700 Unearned Admissions Revenue Mortgage Payable Cooke. Capital 50.000 50.000 109.700 109,700 14.000 14,000 Cocke. Drawing 278,500 280.500 Admissions Revenue Salaries Expense 100.000 109,000 30.500 30,500 Repair Expense 9400 9,400 Advertising Expense Utilities Expense 16.900 16,900 21,000 18.000 Property Taxes Expense Interest Expense Totals 6.000 12,000 401.700 491.700 28,000 Insurance Expense Supplies Expense Interest Payable Depreciation Expense Property Taxes Payabie 14,400 6,000 5,800 3.000 506,500 506,500 Totals