Complete the work sheet using the following information for accounting adjustments. Prepare nd post adjusting and closing entries.

Expired insurance, $553.

Ending store supplies inventory, $2,632.

Ending office supplies inventory, $504.

Depreciation of store equipment, $567.

Depreciation of office equipment, $329.

Prepare necessary ledgers for accounting adjustments.

Prepare work sheet for the month ended May 31.

Prepare May multiple-step income statement.

Prepare May statement of owner's equity.

Prepare May 31 classified balance sheet.

Prepare post-closing trial balance.

Prove the accuracy of subsidiary ledgers by preparing schedules of accounts receivable.

Prove the accuracy of subsidiary ledgers by preparing schedules of accounts payable.