Daily Driver, Incorporated (DDI), operates a driving service through a popular ride-sharing app. DDI has prepared a list of unadjusted account balances at its December 31 year-end. You have reviewed the balances and made notes shown in the right column. Account Name Cash Supplies Prepaid Insurance Equipment Accumulated Depreciation Salaries and wages Payable Income Tax Payable Common Stock Retained Earnings DAILY DRIVER, INCORPORATED Unadjusted Trial Balance At December 31 Debit Credit Notes $1,95 This equals the bank balance. 240 Only windshield washer fluid that cost $30 remains at December 31. 2,15 This amount was paid January 2 for car insurance from January 1 through December 31 of this year. 78,000 This is the car's purchase price. $4,680 The car will be two years old at the end of December DDI has not yet paid or recorded $1,180 of salary for December. DDI paid all its taxes from last year. 44,880 DDI issued 8,800 shares at $5 each. 6,380 This is the total accumulated earnings to January 1 of this year. 42,378 All revenue is received in cash when the service is given. 12,600 DDI's only employee receives a salary of $1,180 for December. 296 This is the cost of windshield washer fluid used to November 30. The car's benefits are being used up about $4,680 per year. e No car insurance has been paid for next year. 2,200 All fuel is paid for in cash. @ DDI's tax rate is 20% of income before tax. $97,430 $97,430 Service Revenue Salaries and wages Expense Supplies Expense Depreciation Expense Insurance Expense Fuel Expense Income Tax Expense Totals Complete this question by entering your answers in the tabs below. General General Income Statement of Requirement Retained Journal Trial Balance Ledger Statement Balance Sheet Earnings Prepare the adjusting journal entries for the year ended December 31. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list View journal entry worksheet Date General Journal Debit Credit No 1 Dec 31 210 Supplies Expense Supplies 210 7 2 Dec 31 2.150 Insurance Expense Prepaid Insurance 2.150 3 Dec 31 4.680 Depreciation Expense Accumulated Depreciation 4.680 4 Dec 31 No Journal Entry Required 5 Dec 31 No Journal Entry Required