Genevieve is curious to know if the month of December 2021 has been profitable since she is about to approach the bank for another loan to help finance her growing business. Genevieve remembers from high school accounting classes that in order to determine Purrfect Spa and Doggy Daycare's income, she must first make adjustments. Genevieve puts together the following information for you: 1. One of Purrfect Spa and Doggy Daycare's customers is Geoff Zanetti. Geoff, a local lawyer, has three cats and two dogs that are groomed monthly and washed weekly. Once a month, an invoice is mailed to him at his office. At the end of December, Genevieve mailed an invoice for $400 to Geoff. She has not had time to record this invoice in her accounting records. 2. The Spa had a promotion which ran December 15 to the 22 for half price grooming. Because there were so many existing and new clients to groom, Genevieve asked her friend to help her out and promised to pay her $18 an hour cash, no statutory deductions. Her friend, Janelle, worked four hours each of those 8 days and was paid on January 1. 3. $800 of pet food inventory for resale was purchased on December 27 for cash. Genevieve wasn't sure how to record this purchase so she debited the Supplies account and credited Cash. None of the pet food had been sold by December 31. Various other supplies valued at $300 remain at the end of December. 4. Genevieve likes to pay all her bills on time but the Utilities bill came in late; the amount. is $1289. She looked up in the old textbook what to do and thinks she has properly recorded the amount into Accounts payable and Utilities expense. 5. Genevieve estimates that all her equipment will have a remaining useful life of four years. (Assume Genevieve decides to record a full month's worth of depreciation using the straight-line method) 6. Her Bank is charging 3.6% interest on the $6,000 bank loan Genevieve received on December 1 to assist with the startup of the business. The loan principal plus interest is to be repaid in 12 monthly instalments starting the first of each month. 7. Mid-December, Genevieve went to the bank and signed an agreement which gives the business overdraft protection on her bank account up to $15,000 with the stipulation that the business is showing a profit. 8. In December, Purrfect Spa sold to various customers $900 of holiday gift cards for grooming services. $400 were redeemed before New Year's. Genevieve asks you to prepare the adjusting journal entries in exchange for a free spa day and grooming for your puppies. She also provides the December unadjusted trial balance for reference. She is confused why it doesn't balance. (Hint: Purrfect Spa and Doggy Daycare adjusts its accounts monthly).