Canyon Canoe Company completed the folkowing transactions in Nowember and December and prepared the folowing unadfusted trat batance at December 31,2024 : [Cikck the icon to view the November and December transactions.) (Click the icon to view the unagjusted tral balance.) A December 31, the business gattiers the fosowing intormation for the adjusting entres: (Click the icon to view the adisionat information) The T-accounts, along with their unadjusted batances, have been opened for you Post the agustments and then cakcuatale the adjusted batance of each account. Denote each adfusting amount as Adf (aiong with the corresponding letter reference, Ad) (a). Ad). (b), etc) and an account batance as Bar (Depr. = Depreciation) Reference Rererence Reference Points: 0.2 of 1 owing unadjusted trial balance at ted trat balance.) Reference Dec, 4 Purchased ottice supplies on account for $500 Dec, 9 Recelved $4,500 cash for canoe rentals to customers: Dec, 15 Rented canoes to customers for $8,500, but will be paid next month Dec. 16 Received a 5750 deposit from a canoe rental group that will use the canoes next morith. Dec, 18 Paid the utilities and telephone bilis from tast month Dec. 19 Paid vanous accounts payable, $2,000 Dec, 20 Received bills for the telephone (\$325) and utities (\$2795) whicti will be paid bater Dec, 31 Paid wages of $1,800. Dec. 31 Wison withdew $300 cash from the business. More into djusted trial batance at Decembe a. Omce supplies on hand, $165 b. Rent of one month thas been used (Hint See the second Dec. 1 transaction.) c. Determine the depreciation on the buliding using straight-line depreciation. Assume the usefid life of the butiding is five years and the residual value is $5,000. (Hint: The building was purchased on December 1.) d. 5400 of ugeamed revenue has now been eamed (Assume that the inifial uneaned revenue was recorded as a lability) e. The employee who has been working the rentaf booth has earned $1,250 in wages that will be paid Jancary 15,2025 f. Canyon Canoe has earned $1,450 of canoe rentat revenue that has not been recorded or recelved g. Determine the depreciation on the canoes purchased on November 3 using straight-tine depreciabon. Assume the useful life of the canoes is four alance.) More info d. $400 of unearned revenue has now been eamed. (Assume that the intlat uncarned revenue was recorded as a liability) e. The employee who has been working the rental booth has earned $1,250 in wages that will be paid January 15, 2025. t. Canyon Canoe has eamed $1,850 of canoe rentat revenue that has not been rocorded Creceived g. Determine the depreciation on the canoes purchased on November 3 using straight-line depreciation. Assame the useful ife of the canoes is fou years and the residual value is 50 . h. Determine the depreciation on the canoes putchased on December 2 using straight-line depreciation. Assume the useful life of the canoes is four years and the residual value is $0. 1. Interest expense accrued on the notes payable, $50 Requirements 1. Journalize and post the adjusting entries. In the T-accounts, denote each adjusting amount as Adj. and an account balance as Bal. 2. Prepare an adjusted trial balance as of December 31,2024