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Guestions4 -7 (of 13) E4-15 Recording Adjusting Entries and Preparing an Adjusted Trial Balance LO 4-2, 4-3] The following information applies to the questions aispiayed
Guestions4 -7 (of 13) E4-15 Recording Adjusting Entries and Preparing an Adjusted Trial Balance LO 4-2, 4-3] The following information applies to the questions aispiayed below North Star prepared the following unadjusted trial balance at the end of its second year of operations ending Account Titles Cash Accounts Receivable Prepaid Rent $12,500 6,500 2,500 21,500 Acumunted Depreciation- Eauioment $ 1,050 Accounts Payable Income Tax Payable Common Stock Retalned Earnings Sales Revenue 25,300 2,600 51,500 Salaries and Wages Expense 25,500 Utilities Expense Rent Expcnsc Depreciation Expensc Incame Tax Expense $81,500 $81,500 Other data not yet recorded at December 31: a. Rent expired during the year, $1,250. b. Depreciation expense for C. Utilities owing, $9,500. d. Income tax expense, $440. the year, $1,050. References Section Break E4-15 Recording Adjusting Entries and Preparing an Adjusted Trial Balance [LO 4-2. 1.15 points E4-15 Part 1 Required: 1. Indicate the accounting equation effects of each required adjustment. (Enter any decreases to Assets, Liabilities, or Stockholders' Equity with a minus sign.) ion abilities Stockholders' Equity b, C. d. This is a numeric cell, so please enter numbers only
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