The unadjusted trial balance of Lakota Freight Co. at March 31, 2019, the end of the year, follows: Lakota Freight Co. Unadjusted Trial Balance March 31, 2019 Account No. Debit Balances Credit Balances Cash 11 12,000 Supplies Prepaid Insurance. 13 30,000 14 3,600 Equipment.... Accumulated Depreciation-Equipment. 16 110,000 17 25,000 Trucks.. 18 60,000 Accumulated Depreciation-Trucks. Accounts Payable... 19 15,000 21 4,000 Kaya Tarango, Capital 31 96,000 Kaya Tarango, Drawing. 32 15,000 Service Revenue 41 160,000 Wages Expense. Rent Expense. Truck Expense . Miscellaneous Expense.. 51 45,000 53 10,600 9,000 54 59 4,800 300,000 300,000 The data needed to determine year-end adjustments are as follows: a. Supplies on hand at March 31 are $7,500. b. Insurance premiums expired during the year are $1,800. c. Depreciation of equipment during the year is $8,350. d. Depreciation of trucks during the year is $6,200. e. Wages accrued but not paid at March 31 are $600. Instructions 1. For each account listed in the trial balance, enter the balance in the appropriate Bal- ance column of a four-column account and place a check mark (/) in the Posting Reference column. 2. (Optional) Enter the unadjusted trial balance on an end-of-period spreadsheet and complete the spreadsheet. Add the accounts listed in part (3) as needed. 3. Journalize and post the adjusting entries, inserting balances in the accounts affected. Record the adjusting entries on Page 26 of the journal. The following additional ac- counts from Lakota Freight Co.'s chart of accounts should be used: Wages Payable, 22; Supplies Expense, 52; Depreciation Expense-Equipment, 55; Depreciation Expense- Trucks, 56; Insurance Expense, 57. 4. Prepare an adjusted trial balance. 5. Prepare an income statement, a statement of owner's equity (no additional investments were made during the year), and a balance sheet. 6. Journalize and post the closing entries. Record the closing entries on Page 27 of the journal. Indicate closed accounts by inserting a line in both Balance columns opposite the closing entry. 7. Prepare a post-closing trial balance.