1. Presented below is the Trial Balance and Adjusted Trial Balance for Matsui Company on December 31.Please prepare the adjusting entries that explain the changes in the balances from the trial balance to the adjusted trial balance. Please use a simple journal form .

MATSUI COMPANY Trial Balance December 31 Before Adjustment After Adjustment Cr . Cash 2 . 000 K 2,000 Accounts Receivable 2 , 800 3,900 Prepaid Rent 2 , 100 1 , 300 Supplies 1, 200 700 Equipment 18 . 000 18, 000 Accumulated Depreciation- Equipment 1 . 300 * 1,500 Accounts Payable 2 , 700 3, 200 Notes Payable 10 . 000 10,000 Interest Payable 120 Salaries and Wages Payable 600 Unearned Service Revenue 4, 460 4 , 060 Share Capital-Ordinary 7, 200 7,200 Dividends 3, 200 3, 200 Service Revenue 8 . 000 9 . 500 Salaries and Wages Expense 2 . 060 2 . 660 Utilities Expense 1 . 800 2. 300 Rent Expense 500 1 , 300 Supplies Expense 500 Depreciation Expense 200 Interest Expense 120 Totals Y33 660 Y33. 660 Y36 . 180 136, 180