1. A. Using the additional information and the worksheet provided, record the year-end adjustments in the Adjustments column and extend all amounts to the income statement and the balance sheet columns. Balance the worksheet. (8 Marks) Additional Information 1. Inventory of supplies at year-end is $625. 2. Unexpired insurance at year-end is $475. 3. Closing inventory of merchandise is $16 000. G. Walsh Enterprises Worksheet ADJUSTMENTS Dr Cr Year Ended December 31, 20-2 INCOME STATEMENT BALANCE SHEET Dr Cr Dr Cr TRIAL BALANCE Dr Cr 6 000 12 000 14 0001 1 450 9001 10 000 ACCOUNTS JBank Accounts Receivable Merchandise Inventory supplies Prepaid Insurance Furniture Accounts Payable 3. Walsh, Capital 3. Walsh, Drawings Sales Purchases Wages Expense General Expense 8 000 35 350 20001 30 000 20 000 8 0001 1 000 73 350 73 350 B. Prepare the four closing journal entries of December 31, 202. Omit explanations. Leave a blank line between entries. (4 Marks - No Part Marks for incorrect Journal Entries) PAGE GENERAL JOURNAL PARTICULARS P.R. DATE DEBIT CREDIT