Application Question 4 Soothing Shiatsu Coundsted trial balance is as follows: Soothing Shiatsu Co. Trial Balance 31-Dec-20 Debit Credit Cash $ 5.500 Prepaid insurance 1.280 Shiatsu supplies 1.250 Shiatsu equipment 4156 $ 1.211 Accum depreciation, shiatsu equipment Building 159.250 MacBook Air SO 01X N Accum depreciation building 6.987 Land 75680 Unearned rent 1.350 20,000 Long term notes payable Savore, capital 180,868 Savore, withdrawals 8,350 Rent earned 6.200 51.890 Fees earned Wages expense 6.800 Utilities expense 690 Property taxes expense 1.200 MacBook Air Interest expense 4,350 $ 268.506 260.506 TOTAL Use the following Information to prepare any adjusting entries required ( Examination of an insurance policy showed $680 of expired insurance An inventory showed $610 of unused shiatsu supplies (b) on hand. Estimated depreciation expense on shiatsu equipment, (c) $555. (en) Estimated depreciation expense on the building. $2,820. A shiatsu therapist owes $400 for space rental le) payments, and this was unrecorded at the time the trial balance was prepared $700 of the Unearned Rent account balance was earned (F) by year-end. The one employee, a receptionist works a five-day workweek at $65 per day. The employee was paid last week but has worked three days this week for which she has not been paid. th TAMTOY STOWN DURUMU on hand. Estimated depreciation expense on shiatsu equipment, c) $555 a) Estimated depreciation expense on the building, $2,820 A shiatsu therapist owes $400 for space rental le) payments, and this was unrecorded at the time the trial balance was prepared (6) $700 of the Unearned Rent account balance was earned by year-end The one employee, a receptionist, works a five-day workweek at $65 per day. The employee was paid last week but has worked three days this week for which she has not been paid. Three months' property taxes, totaling $525 have th) accrued. This has not been recorded. Previous N No new data to save. Last checked at 5:05pm