At December 31, the unadjusted trial balance of H&R Tacks reports Deferred Revenue of $5,300 and Service Revenues of $34,100. Obligations for one-half of the deferred revenue have been fulfilled as of December 31. Required: 1. Prepare the adjusting journal entry on December 31. 2. Prepare the T-accounts for each account, enter the unadjusted balances, post the adjusting journal entry, and report the adjusted balance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the adjusting journal entry on December 31. (If no entry is required for a transaction/event, select "No Journal Entry in the first account field.) View transaction list Journal entry worksheet 1 Record the adjusting entry on December 31 View transaction list Journal entry worksheet