Answer A -D please

Problem 3.4 The following unadjusted and adjusted trial balances are available for Interior Designs, Inc., as of and for the fiscal year ended December 3, 20X7 Debit Cash $20,000 Accounts receivable 11,000 CreditDebitCredit $20,000 19,500 4,000 6,000 5,500 120,000 500 13,500 2,000 0 15,000 20,000 40,000 50,200 $23,000 600 13,500 3,000 3,000 14,000 20,000 40,000 50,200 Accounts payable Income tax payable Unearned professional fees revenue Notes payable (due 20X9) Common stock _.... Retained earnings... Dividends 9,000 Professional fees revenue Interest expense . . . .1,100 Salaries expense 25,000 Insurance expense . . . 4,400 9,000 86,000 95,500 1,200 28,000 4,800 11,500 12,000 6,600 7,000 Depreciation expense 11,000 Utilities expense Totals 7700 249200 $249200 $262,800 262 800 a) b) Prepare the adjusting entries that must have been made. Prepare the income statement and the statement of retained earnings for the fiscal year ended December 31, 20X7, as well as a statement of financial position as of December 31, 20X7. Prepare closing entries. Prepare a retained earnings general ledger "T" account showing the January 1,20X7, balance, the effect of the closing entries, and the December 31, 20X7, balance c) d)