Gulf Corp. is just finishing another year of operations. The company's unadjusted trial balance at February 28, 2014 is shown below. The following additional information is available at February 28 for the year just ended a. $5,200 of the consulting fees paid to Gulf Corp. in advance has not yet been earned. b. The yearly depreciation on the building is $350 c. $800 of the advertising paid for in advance has been published by the newspaper. d. The Equipment was purchased in a previous year and will be worthless after four years. e. Interest of $890 on notes receivable is unrecorded and unpaid. f. Property taxes of $7,600 have accrued but are unrecorded. g. A review of the unadjusted balance in the prepaid rent account shows a remaining balance of $15,500 at the end of the year. h. A building Gulf Corp. owns is rented out for $2,000 each month. The current month's rent has not been received by year-end Use this information to prepare adjusting entries at February 28, 2014, based on the above. Enter the adjustment letter as the description The dates must be entered in the format dd/mmm (ie

. 15/Jan). Gulf Corp Unadjusted Trial Balance February 28, 2014 Debit Accounts Payable Accumulated Depreciation, Building Accumulated Depreciation, Equipment Advertising Expense Building Share Capital Cash Consulting Revenue Earned Depreciation Expense, Building Depreciation Expense, Equipment Equipment Interest Earned Interest Receivable Notes Receivable Prepaid Advertising Prepaid Rent Property Taxes Expense Property Taxes Payable Rent Earned Rent Expense Rent Receivable. Retained Earnings Supplies Unearned Consulting Revenue Totals Credit 100 900 17.950 8,700 38,100 141,600 102,350 13.800 O O 35,900 8,900 O 14.000 4.700 18,500 3,300 O 11,000 9.600 33 000 100 8 000 235.250 235 250