Connect education.com/ext/map/index.html?con conexternal browser-launchrottp/253A%252F%252Fctoes blackboard.com/252Fwebapp.252Fportal252F signment Saved Help Save & Exh Check Ken Hensley Enterprises, Inc. is a small recording studio in St. Louis Rock bands use the studio to mix high-quality demo recordings distributed to talent agents. New clients are required to pay in advance for studio services. Bands with established credit are billed for studio services at the end of each month. Adjusting entries are performed on a monthly basis. Below is an unadjusted trial balance dated December 31 of the current year. (Bear in mind that adjusting entries have already been made for the first 11 months, but not for December) KEN HENSLEY ENTERPRISES, INC. URADJUSTED TRIAL BALANCE DECEMBER 31, CURRENT YEAR Cash $ 51,00 Accounts receivable 97,600 Studio supplies 9,120 Unexpired insurance Prepaid studio rent 4. Recording equipment 100,000 Accumulated depreciation recording equipment $ 63,000 Notas payable 19.200 Interest payable 1.00 3.540 Unearned studio revenue Capital stock Retained earnings Studio revenue earned Salaries expense Supplies expense Insurance expense Depreciation expense recording equipment 19,00 Studio rent se 25,200 Interest expense Utilities expense Payable search a 5 6 & 7 8 9 0 Connect education.com/ext/map/index.html?con conexternal browser-launchrottp/253A%252F%252Fctoes blackboard.com/252Fwebapp.252Fportal252F signment Saved Help Save & Exh Check Ken Hensley Enterprises, Inc. is a small recording studio in St. Louis Rock bands use the studio to mix high-quality demo recordings distributed to talent agents. New clients are required to pay in advance for studio services. Bands with established credit are billed for studio services at the end of each month. Adjusting entries are performed on a monthly basis. Below is an unadjusted trial balance dated December 31 of the current year. (Bear in mind that adjusting entries have already been made for the first 11 months, but not for December) KEN HENSLEY ENTERPRISES, INC. URADJUSTED TRIAL BALANCE DECEMBER 31, CURRENT YEAR Cash $ 51,00 Accounts receivable 97,600 Studio supplies 9,120 Unexpired insurance Prepaid studio rent 4. Recording equipment 100,000 Accumulated depreciation recording equipment $ 63,000 Notas payable 19.200 Interest payable 1.00 3.540 Unearned studio revenue Capital stock Retained earnings Studio revenue earned Salaries expense Supplies expense Insurance expense Depreciation expense recording equipment 19,00 Studio rent se 25,200 Interest expense Utilities expense Payable search a 5 6 & 7 8 9 0