Consider the unadjusted trial balance of London, Inc at December 31, 2020, and the related month-end adjustment data (Click the icon to view the month-end adjustment data.) 1. Prepare the adjusted trial balance of London, Inc. at December 31, 2020. The unadjustad balances have been entered for you. Kay each adjusting entry by latter 2. Prepare the single-step monthly income statement, the statement of retained earnings, and the classified balance sheet. Trial Balance Work Sheet December 31, 2020 Trial Balance Adjustments Account Debit Credit Credit 8,300 More Into Accounts receivable Prepaid rent Adjustment data at December 31, 2020 a. Accrued service revenue at December 31, $3,190 b. Prapaid rent expired during the month. The unadjustad prepaid balance of $2,700 rlatas to tha pariod 2,200 December 1, 2020 through February 28, 2021 c. Supplies used during December, $1,800 d. Depreciation on furniture for the month. The estimated useful life of the furniture is five years. e. Accrued salary expense at December 31 for Monday, Tuesday and Wednesday. The five-day weekly 3,300 Accounts payable Salary payable Common stock Retained earnings 3,700 payroll of $25,000 will be paid on Friday. For the purpose of this calculation, assume December 31 falls on a Wednesday. 10,000 41,100 4,400 Print Done 27,300 Service revenue Salary expense Rent expense Utilities expense 2,500 500 Supplies expense 85,400 85,400 Choose trom any list or enter any number in the input helds and then click Check