During its first month of operation, the Flower Landscaping Corporation, which specializes in residential landscaping. completed the following transactions. March 1 Owner invested $72000 cash in the business. Paid the current month's rent, $4,500. Paid the premium on a 1-year insurance policy, $3,300. Purchased supplies on account from Parkview Company, $900. Paid employee salaries, $2,200. March 2 March 3 March 7 March 10 March 14 March 15 March 19 March 31 Purchased equipment from Hammond Company, $9,000. Paid $1.500 down and the balance was placed on account. Note: Use accounts payable for the balance due. Received cash for landscaping revenue for the first half of March, $4,896. Made payment on account to Parkview Company, $450. Received cash for landscaping revenue for the last half of March, $5,304. Other data: a) One month's insurance has expired. b) The remaining inventory of supplies is $475. c) The estimated depreciation on equipment is $150. Requirements: 5. Prepare appropriate adjusting entries on March 31. 6. Prepare an adjusted trial balance on March 31. 7. Enter the adjusted trial balance on the worksheet and complete the worksheet 8. Prepare an income statement, owner's equity statement for March and a balance sheet on March 31. 9. Prepare the closing entries. 10. Prepare a post-closing trial balance.