At December 31, the unadjusted trial balance of H&R Tacks reports Unearned Revenue of $5,800 and Service Revenues of $34,600. One-half of the unearned revenue has been earned as of December 31.

1.	Prepare the adjusting journal entry on December 31. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

2.	Prepare the T-accounts for each account, enter the unadjusted balances, post the adjusting journal entry, and report the adjusted balance.