P3-5B The trial balance of Great Lakes Investments at December 31, 20X2, and the data needed for the month-end adjustments follow at the top of the next page. Adjustment data:

a. Prepaid rent still in force at December 31, $600.

b. Supplies used during the month, $640.

c. Depreciation for the month, $900.

d. Accrued advertising expense at December 31. $320. (Credit Accounts Payable.)

e. Accrued salary expense at December 31. $180.

f. Unearned commission revenue still unearned at December 31. $1.150.

GREAT LAKES INVESTMENTS Trial Balance December 31, 20X2 Cash $ 2,200 Accounts receivable 14.100 Prepaid rent 3.100 Supplies. 780 Furniture 22,710 Accumulated depreciation. $11,640 Account payable. 1,940 Salary payable Unearned commission revenue. 2.290 Gina Pulver, capital.. 25,060 Gina Pulver, withdrawals 2,900 Commission revenue. 7,750 Salary expense..... 2.160 Rent expense Depreciation expense Advertising expense. Supplies expense Total... 730 $48,680 $48.680 Required 1. Open T-accounts for the accounts listed in the trial balance, inserting their December 31 unadjusted balances. 2. Journalize the adjusting entries and post them to the T-accounts. Key the journal entries and the posted amounts by letter. 3. Prepare the adjusted trial balance. 4. How will the company use the adjusted trial balance?