P5-37A Journalizing adjusting entries, preparing adjusted trial balance, and preparing multi-step income statement The unadjusted trial balance for Trade Electronics Company at March 31, 2016, folk TRUDEL ELECTRONICS COMPANY Unadjusted Trial Balance March 31, 2018 Credit Debat $ 4.000 18.800 45.500 500 130,000 Account Title Cash Accounts Receivable Merchandise Inventory Office Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Unearned Revenue Notes Payable, long-term Common Stock Retained Earnings Dividends Sales Revenue Cost of Goods Sold Salaries Expense Selling) Rent Expense Selling Salaries Expense (Administrative) Utilities Expense (Administrative) Total $36.00 17.400 12200 48.000 60.000 100 20,000 282.500 160.600 20,000 15.100 5.700 11.100 $450.000 $ 450.000 Requirements 1. Journalize the adjusting entries using the following date: Interest revenue accrued, $200 b. Salaries (Selling) accrued, $2,300. c. Depreciation Expense--Equipment (Administrative). 51,XO d. Interest expense accrued, S1,500, e. A physical count of inventory was completed. The ending Merchandise loven tory should have a balance of $45,200 1. Tradel estimates that approximately $6,000 of merchandise sold will be returned with a cost of $1,200. 2. Prepare Trudel Hectronics adjusted nal balance as of March 31, 2018 3. Prepare Trudel Electronics multi-step income statement for year ended March 31. 2018