c. Ashton used $550 of office supplies. d. Depreciation for the equipment is $900. Accounts Receivable Prepaid Rent Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries Payable Uneamed Revenue Ashton, Capital Ashton, Withdrawals Service Revenue Salaries Expense Rent Expense Depreciation Expense-Equipment Advertising Expense Supplies Expense Total Requirement 4. How will Ashton Air Purification S) calculate taxes due plan the next year's budget prepare financial statements report net income or loss The company will use the adjusted trial balance to 9. On October 1, Ashton agreed to provide a four-month air system check (beginning October 1) for a customer for $3,000. Ashton has completed the systam check ev month but payment has not yet been received and no entries have been made. Requirement 2. The T-accounts, along with thair unadjusted balances have been opened for you. Post the adjusting entries to the T-accounts. The T-accounts, along with their unadjusted balances, 4 applicable, have beon opened for you. Post the adjusting entries to the T-accounts using the corresponding The Traccounts, along wh their unadjusted batances, Use a "Bal" pesting reference to show the ending belance of each account. Data table Requirement 2. The T-accounts, along with their unadjusted balances have been opened for you. Post the adjusting entries to the T-accounts. The T-accounts, along with their unadjusted balances, if applicable, have been opened for you. Post the adjusting entries to the T-accounts using the corresponding letters (a) through (g) as posting references. Use a "Bal," posting reference to show the ending balance of each account. Review the adjusting journal entries you prepared in Requirement 1. Data table Review the T-accounts you prepared in Requirement 2. Requirement 1. Journalze the adjusting entries on December 31. (Record debits first, then crodits. Solect the explanation on the last line of the pumal eniry lable) a. On December 15, Ashton contracted to perform services for a client receiving $2,700 in advance. Ashlon recorded this receipt of cash as Unearned Revenue. As of December 31 , Ashton has completed $1,200 of the services. b. Ashton prepaid two months of enet on December 1. (Assume the Prepsid Rent balance as shown on the unadjusted trial balance represents the two months of rent prepaid on December 1i) Equipment Accumulated Depreciation-Equip \begin{tabular}{|l|l|l|} \hline \hline & \\ \hline & & 3,600 Dec. 31 \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline \end{tabular} Unearned Revenue Ashton, Capital Ashton, Withdrawals Rent Expense Depreciation Expense-Equipment Advertising Expense Supplies Expense