End-of-Month Activities Step 1: Step Step Use the following adjustment data for the month of December for Nielsen Architects and the trial balance report as the basis for preparing the adjusting entries. Inventory of supplies on December 31.. Insurance expired during December. Depreciation on office equipment for December. $2,105.00 $110.00 $228.74 Enter the adjusting entries in the general journal. Enter a ref. erence of Adj.Ent. In the Reference text box. 2: Display the adjusting entries. 3: Display the income statement. Step 4: Step 5: Display the balance sheet. Generate an income statement graph. Step 6: Save your data to disk with file name 08-ABC Your Name