4. Prepareadjusting entries to reflect adjustments a-d. a. The month's depreciation on the office equipment is $350.00 .b. One month of the prepaid rent has expired. c. The inventory of supplies shows $250 of supplies still available. d. The company has earned $1,000 of services that are not billed at month-end. 1

5. Post the adjusting entries in Req. 4 to the ledger (T accounts) and update the balances.

6. Prepare an adjusted trial balance as of Dec. 31.

7. Prepare an income statement, statement of retained earnings, and balance sheet as of Dec. 31.

8. Record the necessary closing entries for Jordan Company.

9. Post the closing entries to the ledger (T accounts) and update the balances at the end of the month.

10. Prepare a post-closing trial balance as of December 31, 2017.