The Following Accounts Are from the Athletics Store Worksheet Dated

The following accounts are from the Athletics Store worksheet dated March 31 of the current year:
The data needed for adjustments on March 31 are as follows:
$\begin{array}{lr}\text { Cash } & \$ 8,250 \\\text { Accounts Receivable } & 21,400 \\\text { Merchandise Inventory } & 48,700 \\\text { Store Supplies } & 3,106 \\\text { Prepaid Insurance } & 2,380 \\\text { Store Equipment } & 29,400\\\text { Accumulated Depreciation, Store Equipment } & 8,630 \\\text { Accounts Payable } & 16,350 \\\text { T. Phelps, Capital } & 157,900 \\\text { T. Phelps, Drawing } & 32,570 \\\text { Sales } & 203,842 \\\text { Sales Returns and Allowances } & 1,770\\\text { Purchases } & 146,910 \\\text { Purchases Returns and Allowances } & 3,527 \\\text { Purchase Discounts } & 2,615 \\\text { Freight In } & 6,947 \\\text { Wages Expense } & 28,400 \\\text { Advertising Expense } & 3,219 \\\text { Rent Expense } & 19,200\end{array}$ Instructions: (Note: use t-accounts to assist in calculation the below items.)
a-b. Merchandise Inventory, March $31 , \$ 46,250$ .
c. Insurance expired for the year, $\$ 1,580$ .
d. Depreciation for the year, $\$ 4,230$ .
e. Accrued wages on January $31 , \$ 2,513$ .
f. Supplies used during the year $\$ 950$ .
1.Journalize the adjusting entries.
2.Journalize the closing entries.
3.Journalize the reversing entries.