Aurora Air Purification System Unadjusted Trial Balance December 31, 2016 Balance Account Title Debit Credit Cash $ 7,800 Accounts Receivable 19,800 Prepaid Rent 2,600 Office Supplies 1,100 Equipment 19,900 Accumulated Depreciation-Equipment 4,100 Accounts Payable Salaries Payable 3,000 Unearned Revenue Aurora, Capital Aurora, Withdrawals Service Revenue Salaries Expense Rent Expense Depreciation Expense-Equipment Advertising Expense Supplies Expense Total 2,800 39,600 9,300 15,400 3,100 1,300 $ 64,900 $ 64,900 een op iMore Info - X balan 31. (R a clien e that th Adjustment data at December 31 follow: a. On December 15, Aurora contracted to perform services for a client receiving $2,800 in advance. Aurora recorded this receipt of cash as Unearned Revenue. As of December 31, Aurora has completed $1,800 of the services. b. Aurora prepaid two months of rent on December 1. c. Aurora used $600 of office supplies. d. Depreciation for the equipment is $700. e. Aurora received a bill for December's online advertising, $1,000. Aurora will not pay the bill until January. (Use Accounts Payable.) f. Aurora pays its employees on Monday for the previous week's wages. Its employees earn $1,500 for a five-day workweek. December 31 falls on Wednesday this year. g. On October 1, Aurora agreed to provide a four-month air system check (beginning October 1) for a customer for $3,000. Aurora has completed the system check every month but payment has not yet been received and no entries have been made. n Print Done aid The unadjusted trial balance of Aurora Air Purification System at December 31, 2016, and the data needed for the adjustments follow (Click the icon to view the trial balance.) (Click the loon to view the adjusting entry information) Requirements 1. Joumalize the adjusting entries on December 31. 2. The T-accounts, along with their unadjusted balances have been opened for you. Post the adjusting entries to the T-accounts 3. Prepare the adjusted trial balance 4. How will Aurora Air Purification System use the adjusted trial balance? Requirement 1. Joumalize the adjusting entries on December 31. (Record debits first, then credits. Select the explanation on the last line of the journal entry table) a. On December 15, Aurora contracted to perform services for a client receiving $2,800 in advance, Aurora recorded this receipt of cash as Uneamed Revenue. As of December 31, Aurora has completed $1,800 of the services Credit Date (a) Dec 31 Accounts and Explanation Debit b. Aurora prepaid two months of rent on December 1. (Assume that the Prepaid Rent balance as shown on the unadjusted trial balance represents the two months of rent prepaid on December 13 Accounts and Explanation Date ) Dec 31 Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question c. Aurora used $600 of office supplies. Date (c) Dec. 31 Accounts and Explanation Debit Credit d. Depreciation for the equipment is $700. Date (d) Dec. 31 Accounts and Explanation Debit Credit e. Aurora received a bill for December's online advertising, $1,000. Aurora will not pay the bill until January. (Use Accounts Payable.) Date (e) Dec. 31 Accounts and Explanation Debit Credit f. Aurora pays its employees on Monday for the previous week's wages. Its employees earn $1,500 for a five-day workweek. December 31 falls on Wednesday this year. Date (1) Dec. 31 Accounts and Explanation Debit Credit made g. On October 1, Aurora agreed to provide a four-month air system check (beginning October 1) for a customer for $3,000. Aurora has completed the system check every month but payment has not yet been received and no entries have been Accounts and Explanation Date (a) Dec 31 1 Debit Credit Requirement 2. The T-accounts, along with their unadjusted balances have been opened for you. Post the adjusting entries to the Taccounts The T-accounts, along with their unadjusted balances, if applicable, have been opened for you Post the adjusting entries to the Taccounts using the comesponding letters (a) through (g) as posting references. Use a Bel" posting reference show the ending balance of each account Review the adjusting joumal entries you prepared in Requirement. 1. Cash Dec. 31 7,800 Accounts Payable Service Revenue 3,000 Dec. 31 15,400 Dec 31 Accounts Receivable Salaries Payable Salaries Expense Dec 31 19.800 Dec. 31 3,100 Dec. 31 Prepaid Rent 2,600 Unearned Revenue Rent Expense 2,800 Dec. 31 Dec. 31 Office Supplies 1,100 Aurora, Capital Depreciation Expense-Equipment 39,600 Dec. 31 Equipment Aurora, Withdrawals Advertising Expense Dec. 31 19,900 Dec. 31 9,300 Dec. 31 1,300 Choose from any set or enter amri Accumulated Depreciation-Equip Supplies Expense 4,100 Dec. 31 Requirement 3. Prepare the adjusted trial balance. Review the T-accounts you prepared in Requirement 2. Aurora Air Purification System Account Title Adjusted Trial Balance December 31, 2016 Balance Debit Credit Cash Accounts Receivable Prepaid Rent Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries Payable Choose from any list or enter any number in the input fields and then continue to the Accounts Payable Salaries Payable Unearned Revenue Aurora, Capital Aurora, Withdrawals Service Revenue Salaries Expense Rent Expense Depreciation Expense-Equipment Advertising Expense. Supplies Expense Total Requirement 4. How will Aurora Air Purification System use the adjusted trial balance? The company will use the adjusted trial balance to Choose from any list or enter any number in the input fields and then continue to the next question. Ma