a. Question 1 Fine Techno Co, executes adjusting entries every month, but closes its accounts only at Year- end. Company's year-end trial balance dated December 31, 2020, appears as below. (last updated on December 31, 2019) Fine Techno Co Trial Balance December 31, 2020 Credit (S) Particulars On hand Cash Bank Account Debtors Prepaid Legal Fees Insurance Cable Supplies Equipment Material Rent Expense Electricity Bill Expense Discount Allowed Insurance Expense Advertising Expense Interest Expense Income Tax Expense Dividends Accumulated Depreciation Depreciation Expense Notes Payables Creditors Commission Salaries Income Tax Payable Accrued Utility Expenses Unearned Revenue Capital Stock Retained Earnings Revenue Earned Debit (S) 74700 69500 6700 56000 00 9000 10000 30000 10000 69900 3500 5550 1500 1200 900 11000 5500 9000 3000 15000 5900 2550 4300 3900 2500 9500 255000 37850 24450 $364,950 $364,950 Instructions: 1. Drawings S5000 of the year were not recorded. 2. Income tax worth $5000 is paid yet unrecorded during the period. 3. Depreciation for the period is not recorded. The equipment is supposed to be useful for 10 years. 4. Additional shares 500 at par value $10 each are issued during the period. 5. The prepaid legal fees of $4500 expired during the period. 6. Accrued utility expenses are paid on December 31, 2020 b. Prepare Adjusted Trial Balance and show all the necessary adjustments for the period ending on December 31, 2020, (06+04)