A list of varlous reasons for adjusting account balances is presented below, along with an unadjusted trlal balance presented for the year ended December 31 . a. As of December 31, the equipment has been used for two full years. Approximately $1,212 of the equipment's usefulness is consumed each year. b. On December 31, the company performed $410 of services for a customer but has not yet recorded or billed the customer. c. On December 31 , the company recelved an e-mall from Its utillty company Indicating the company used $260 of services during December. The company has not recorded this Item because the $260 will not be pald untll January 15 . d. Salarles and wages totaling $343 for the second half of December have not yet been pald or recorded. e. No adjustment is needed for this account. Requlred: 1. For each account balance numbered 1-12, choose an approprlate reason from a-d that explains why that particular account balance needs to be adjusted or choose "e. when no adjustment is needed." 2. Prepare the adjusting journal entrles required as of December 31. Complete this question by entering your answers in the tabs below. For each account balance numbered 112, choose an appropriate reason from a-d that explains why that particular account balance needs to be adjusted or choose " e. when no adjustment is needed." Prepare the adjusting journal entries required as of December 31 . (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) 1 Record the adjusting entry if $1,212 of the equipment's usefulness is consumed each year. 2 Record the adjusting entry if the company has performed $410 of services for a customer but has not yet recorded or billed. 3 Record the adjusting entry if the company has used $260 of services during December but will not be paid until January 15. Credit 4 Record the adjusting entry if Salaries and wages totaling $343 for the second half of December have not yet been paid or recorded. Note : O= journal entry has been entered