The unadjusted trial balance as of December 31, 2018, for theBagley Consulting Company appears below. December 31 is thecompany’s fiscal year-end.

Account Title	Debits		Credits
Cash	15,650
Accounts receivable	5,750
Prepaid insurance	2,300
Land	170,000
Buildings	37,500
Accumulated depreciation—buildings			15,000
Office equipment	69,000
Accumulated depreciation—office equipment			27,600
Accounts payable			26,050
Salaries and wages payable			0
Deferred rent revenue			0
Common stock			170,000
Retained earnings			43,350
Sales revenue			70,000
Interest revenue			2,400
Rent revenue			2,700
Salaries and wages expense	24,000
Depreciation expense	0
Insurance expense	0
Utility expense	17,200
Maintenance expense	15,700
Totals	357,100		357,100

1. The buildings have an estimated useful life of 50 years with nosalvage value. The company uses the straight-line depreciationmethod.
2. The office equipment is depreciated at 10 percent of originalcost per year.
3. Prepaid insurance expired during the year, $1,150.
4. Accrued salaries and wages at year-end, $850.
5. Deferred rent revenue at year-end should be $400.

Required:
1. From the trial balance and information given, prepareadjusting entries.
2. Post the beginning balances and adjustingentries into the appropriate t-accounts.
3. Prepare an adjusted trial balance.
4. Prepare closing entries.
5. Prepare a post-closing trial balance.