Consider the unadjusted trial balance of Princess, Inc. at December 31, 2020, and the related month-end adjustment data. (Click the icon to view the month-end adjustment data.) Requirements 1. Prepare the adjusted trial balance of Princess, Inc. at December 31, 2020. The unadjusted balances have been entered for you. Key each adjusting entry by letter. 2. Prepare the single-step monthly income statement, the statement of retained earnings, and the classified balance sheet. Requirement 1. Using the worksheet, prepare the adjusted trial balance of Princess, Inc., at December 31, 2020. The unadjusted balances have been entered for you. Key each adjusting entry by letter. 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, 2020 Trial Balance Adjustments Debit Credit Debit Credit Account Cash 9,400 V - X 2,200 More Info 1,200 2.600 48,000 3,900 Accounts receivable Prepaid rent Supplies Furniture Accumulated depreciation-furniture Accounts payable Salary payable Common stock Retained earnings Dividends 3,800 Adjustment data at December 31, 2020: a. Accrued service revenue at December 31, $2.980. b. Prepaid rent expired during the month. The unadjusted prepaid balance of $1,200 relates to the period December 1, 2020 through February 28, 2021. c. Supplies used during December, $2,160 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 payroll of $15,000 will be paid on Friday. For the purpose of this calculation, assume December 31 falls on a Wednesday 6,000 32.210 3.800 Service revenue 25,100 Print Done 3.300 Salary expense Rent expense Utilities expense Depreciation expense-furniture Supplies expense 510 71,010 Total 71,010