Name: Question 4 The following material will be used to complete the period ending worksheet. You wil find the unadjusted trial balance on the worksheet. You will complete the entries for the adjustments, and post to the worksheet. The next step will be to complete the worksheet, adding the adjusted trial balance, income statement, and balance sheet and owners' equity Prepare the closing entries. Write the transactions, as well as completing the worksheet. Prepare the closing balance sheet on the worksheet. The adjusting entries are to be both in transaction format and added to the worksheet. 1 Supplies on hand at January 31 are $2,850. 2 Insurance premiums expired during the year are $3,150 3 Depreciation of equipment during the year is $5,250. 4 Depreciation of trucks during the year is $4,000. 5 Wages accrued but not paid at January 31 are $900. Prepare the worksheets and journal entries on the specific sheets as marked. Prepare the closing entries. Write the transactions, as well as completing the worksheet. Prepare the closing balance sheet on the worksheet. The adjusting entries are to be both in transaction format and added to the worksheet. 1 Supplies on hand at January 31 are $2,850. 2 Insurance premiums expired during the year are $3,150 3 Depreciation of equipment during the year is $5,250. 4 Depreciation of trucks during the year is $4,000. 5 Wages accrued but not paid at January 31 are $900. Prepare the worksheets and journal entries on the specific sheets as marked