Cash 2,850   Accounts receivable 4,600   Note receivable-current 8,000   Inventory 40,500   Supplies 650   Prepaid insurance 1,200   Furniture 33,200   Accumulated depreciation-furniture 2,400   Accounts payable 7,000   Unearned rent income 2,000   Note payable, long-term 12,600   Nezuko, Capital 66,500   Nezuko, Drawing 54,100   Sales 168,000   Sales discounts 1,400   Sales returns and allowance 2,000   Cost of Sales 90,500   Rent expense 8,400   Wages expense 9,800   Interest expense 1,300   Data for adjustments:  Supplies on hand, 100  Insurance premium expired during the year, 1,000  Depreciation expense. The furniture's estimated useful life is 8 years, and it is expected to have  no value when it is retired from service.  Unearned rent income earned during the year, 1,300.  Unpaid wages at the end of the year, 1,200.  Interest expense not yet recorded at the end of the year, 800.  Ending inventory base on physical count is 40,200. 1) General journal (recording of adjusting entries and closing entries)  2) Financial Statements (Income Statement & Balance Sheet) 3) Post-closing Trial Balance

Cash 2,850  

Accounts receivable 4,600  

Note receivable-current 8,000  

Inventory 40,500  

Supplies 650  

Prepaid insurance 1,200  

Furniture 33,200  

Accumulated depreciation-furniture 2,400  

Accounts payable 7,000  

Unearned rent income 2,000  

Note payable, long-term 12,600  

Nezuko, Capital 66,500  

Nezuko, Drawing 54,100  

Sales 168,000  

Sales discounts 1,400  

Sales returns and allowance 2,000  

Cost of Sales 90,500  

Rent expense 8,400  

Wages expense 9,800  

Interest expense 1,300  

Data for adjustments: 

1. Supplies on hand, 100 
2. Insurance premium expired during the year, 1,000 
3. Depreciation expense. The furniture's estimated useful life is 8 years, and it is expected to have  no value when it is retired from service. 
4. Unearned rent income earned during the year, 1,300. 
5. Unpaid wages at the end of the year, 1,200. 
6. Interest expense not yet recorded at the end of the year, 800. 
7. Ending inventory base on physical count is 40,200.

1) General journal (recording of adjusting entries and closing entries) 

2) Financial Statements (Income Statement & Balance Sheet)

3) Post-closing Trial Balance