Adjusting Entries 1. Record one month of depreciation for the Furniture and Equipment 2. On December 31 ", Expressions owed S250 to the assistant who 3. Record one month of the insurance that was purchased at the that was bought in December. Assume that both categories will last 10 years with no salvage value. worked during the last week of December. She will not be paid until January beginning of December. Prepare the adjusting entries listed above. Record them on the Trial Balance Worksheet and in the General Ledger accounts. Prepare an Adjusted Trial Balance. Prepare an Income Statement Prepare a Balance Sheet. Prepare the closing entries and record in the General Ledger account. Prepare a post-closing trial balance Adjusting Entries 1. Record one month of depreciation for the Furniture and Equipment 2. On December 31 ", Expressions owed S250 to the assistant who 3. Record one month of the insurance that was purchased at the that was bought in December. Assume that both categories will last 10 years with no salvage value. worked during the last week of December. She will not be paid until January beginning of December. Prepare the adjusting entries listed above. Record them on the Trial Balance Worksheet and in the General Ledger accounts. Prepare an Adjusted Trial Balance. Prepare an Income Statement Prepare a Balance Sheet. Prepare the closing entries and record in the General Ledger account. Prepare a post-closing trial balance