Exercise 3-45 Identification of Adjusting Entries nklin Services prepares financial statements only once per ye ar using an annual accounting ending on December 31. Each of the following statements describes an entry made by onklin on December 31 of a recent year December 31, Conklin completed a service agreement for Pizza Planet and recorded the related revenue. The job started in August. a. Conklin provides weekly service visits to the local C.J. Nickel department store to check and maintain vanous pieces of computer printing equipment. On December 31, Conklin recorded revenue for the visits completed during December. The cash will not be received until January Conklin's salaried employees are paid on the last day of every month. On December 31, Conklin recorded the payment of December salaries d Conklin's hourly wage employees are paid every Friday. On December 31, Conklin recorded as payable the wages for the first three working days of the week in which the year ended. e On December 31, Conklin recorded the receipt of a shipment of office supplies from Office f. On December 31, Conklin recorded the estimated use of supplies for the year. The supplies e Early in December, Conklin was paid in advance by Parker Enterprises for 2 months of weekly h. On December 31, Conklin recorded depreciation expense on office equipment for the year. Supplies Inc. to be paid for in January were purchased for cash earlier in the year. service visits, Conklin recorded the advance payment as a liability. On December 31, Conklirn revenue for the service visits to Parker Enterprises that were completed during December