Consider the unadjusted trial balance of Princess, Inc. at December 31, 20X6, and the related month-end adjustment data. i (Click the icon to view the month-end adjustment data.) Requirements 1.Using the work sheet, prepare the adjusted trial balance of Princess, Inc., at December 31, 20X6. The unadjusted balances have been entered for you. Key each adjusting entry by letter. 2.Prepare the monthly income statement, the statement of changes in equity, and the classified balance sheet. More info Adjustment data at December 31, 20X6: a. Accrued service revenue at December 31, $1,600. b. Prepaid rent expired during the month. The unadjusted prepaid balance of $3,000 relates to the period December 1, 20X6 through February, 20X7. c. Supplies used during December, $2,140. d. Depreciation on furniture for the month. The estimated useful life of the furniture is three years. e. Accrued salary expense at December 31 for Monday, Tuesday and Wednesday. The five-day weekly payroll of $4,900 will be paid on Friday. Requirement 1. Using the work sheet, prepare the adjusted trial balance of Princess, Inc., at December 31, 20X6. The unadjusted balances have been entered for you. Key each adjusting entry by letter. (Leave unused cells blank.) Calculate the total debits and credits. Then, calculate the adjusted balance of each account and total the debit and credit columns in the adjusted trial balance. Princess, Inc. Trial Balance Work Sheet December 31, 20X6 Trial Balance Account Debit Credit Cash $ 8,400 Accounts receivable 1,500 Prepaid rent 3,000 Supplies 2,600 Furniture 90,000 Accumulated depreciation $ 3,500 3,100 Accounts payable Salary payable Share capital 10,000 Retained earnings 85,020 Dividends 3,600 Service revenue 10,500 Salary expense 2,400 Rent expense Utilities expense 620 Depreciation expense Supplies expense Total $ 112,120 $ 112,120 Adjustments Debit Credit a. 3050