E4-15 Recording Adjusting Entries and Preparing an Adjusted Trial Balance (LO 4-2, 4-3] [The following information applies to the questions displayed below.) North Star prepared the following unadjusted trial balance at the end of its second year of operations ending December 31. Credit Debit $12,700 6,700 2,540 21,700 Account Titles Cash Accounts Receivable Prepaid Rent Equipment Accumulated Depreciation Accounts Payable Income Tax Payable Common Stock Retained Earnings Sales Revenue Salaries and Wages Expense Utilities Expense Rent Expense Depreciation Expense Income Tax Expense Totals $ 1,070 1,070 0 25,500 2,800 52,100 25,700 13,200 $82,540 $82,540 Other data not yet recorded at December 31 a Rent expired during the year, $1.270. b. Depreciation expense for the year, $1,070. c. Utilities used and unpaid. $9.700. d. Income tax expense. $460. 3. Summarize the adjusting journal entries in T-accounts. After entering the beginning balances and computing the adjustede balances, prepare an adjusted trial balance as of December 31. Complete this question by entering your answers in the tabs below. T Accounts Adjusted TB Summarize the adjusting journal entries in T-accounts. After entering the beginning balances and computing the adjusted ending balances Prepaid Rent Rent Expense Beg Bal Bog Bar End Bal 0 End Bal Accumulated Depreciation Depreciation Expense Beg Bal Beg Bal End Bal End Bal 0