Account Balance Adjustments Trial Balance 13,350 1,000 42,000 3,300 4,100 Cash Prepaid rent Equipment Accumulated depreciation equipment Accounts payable Salary payable Unearned service revenue Income tax payable Notes payable, long-term Common stock Retained earnings Dividends Service revenue 9,000 12,000 8,500 13,850 1,700 13,000 19,300 Salary expense Rent expense Depreciation Expenseequipment 4,000 1,700 4,600 2,000 900 1,700 Innamotavananen Print Done 1,000 42,000 3,300 4,100 9,000 Prepaid rent Equipment Accumulated depreciation equipment Accounts payable Salary payable Unearned service revenue Income tax payable Notes payable, long-term Common stock Retained earnings Dividends Service revenue Salary expense Rent expense Depreciation Expenseequipment Income tax expense 12,000 8,500 13,850 1,700 13,000 19,300 4,000 1,700 4,600 2,000 900 1,700 $ 63,750 63,750 $ 9,200 $ 19,300 Total Ni The unadjusted trial balance and income statement amounts from the December 31 adjusted trial balance of Draper Production Company follow. E (Click the icon to view the adjusted trial balance and income statement from the worksheet.) Read the requirement Journalize the adjusting and closing entries of Draper Production Company at December 31. There was only one adjustment to Service Revenue. (Record debits first, then credits. Exclude explanations from any journal entries.) Begin with adjusting entries. First, adjust the Service Revenue account Journal Entry Date Accounts Debit Credit Dec 31 Accumulated Depreciation Equipment Depreciation Expense-Equipment Income Tax Expense Income Tax Payable Prepaid Rent Rent Expense Salary Expense Salary Payable Service Revenue Supplies Supplies Expense Unearned Service Revenue