Des 31 on Friday for bnury 2 be psid on Priday Should this adjustment be r ever sed? No Yes ) On August 1 the company accepted s8,000 for services to med over the next 12 months No Yes Should this adjustment be rever sed? On Otober 1 the company paid $12,000 for 24 months of rent. No Yes Should this adjustment be rever sed? Based on the following adjusted trial bal ance, prepare the dosing entries for Tadpole Plumibi on December 31,2018 Tadpole Plumbing Adjusted Trial Balance December 31,2018 Debit Credit Accounts receivable Prepaid insurance Equipment Accum. amort-equipment Accounts payable Unearned service revenue Salary payable Mike Tudhope, Capital Mike Tudhope, withdrawals Service revenue Salary expense Advertising expense Utilities expense Miscellaneous expense Supplies expense Insurance expense 80,500 $43 300 6,800 80,200 77500 20,600 15,400 9,900 1,700 4,900 Amort. expense-equipment Total $226600 $226.600 Account 1250O Cal culate: New sal es on account during une_ Part 2-(5 marks) Equipment with a cost of $103,000 has a usoful life of four years Usingstragt-line amortization, what is the book value after three years