Based on the following template:

1) Analyze the unadjusted trial balance amounts and the adjusted trial balance amounts to determine the adjusting journal entries that were made.

2) Prepare the adjusting journal entries (as determined in #1) for the account titles and amounts. (The first entry has been prepared for you as an example.)

Answer Format:

Entries and Financial Statements Jones Marketing was founded in January 2012. Presented below are adjusted and unadjusted trial balances as of Deccmber 31,2016. ONES MARKETING Trial Balance December 31, 2016 Unadjusted Adjusted CR Cash Accounts Rcceivable Allowance for Doubtful Accounts S 16,000 42,000 S 16,000 47,000 6,700 120,000 6,800 5,000 120,000 Prepaid Insurance Equipment Accumulated Depreciation Equipment Accounts Pavable Interest Pavablc Notes Payable Uncarned Scrvicc Revenuc Salaries and Wages Payable Common Stock Retained Earnings Service Revenuc Salaries and Wages Expense Insurance Expense S 54,000 10,000 S 64,000 10,000 10,000 12,000 10,000 9,200 2,600 20,000 7,000 125,000 16,000 18,600 1,700 1,000 10,000 700 Depreciation Expense Supplies Expense 14,000 8,000 S 230,200 $ 230,200S 248,700 8,000 248,700