Homework: GRADED Chapter 3 HW Question 2, PF3-35A (similar to) Part 1 of 10 The unadjusted trial balance of Adveta Ar Purification System at December 31, 2024 and the data needed for the adjustments follow (Click the icon to www the trial balance) Click the icon to wow the adjusting entry information) Read the requirements Requirement 1. Joumalize the adjusting entries on December 31 Record debts test then credits Select the explanation on the last time of the pumatonta tatio) a. On December 15, Adveta contracted to perform services for a client receiving $2,800 in advanco. Adveta recorded this receipt of cash as Uncanned Revenue As of Accounts and Explanation Debit Credit Date (6) Dec 31 Adveta Air Purification System Unadjusted Trial Balance December 31, 2024 Balance Debit Credit Account Title Cash $ 7400 19.100 3.000 1,900 19.900 Accounts Receivable Prepaid Rent Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries Payable Unearned Revenue S 4.100 3,600 2,800 40,300 Adveta, Capital Adveta, Withdrawals 9.500 Service Revenue 15.400 Salaries Expense 3,400 Print Done Accounts Receivable 19.100 Prepaid Rent 3,000 1,900 19.900 4,100 3 600 2,800 Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries Payable Unearned Revenue Adveta, Capital Adveta, Withdrawals Service Revenue Salaries Expense Rent Expense Depreciation Expense-Equipment Advertising Expense Supplies Expense 40,300 9,500 15,400 3.400 2.000 Total S 66,200 $ 66,200 Print Done ne icon to view the adjusting entry information) More info Red ent Adjustment data at December 31 follow a. On December 15, Adveta contracted to perform services for a client receiving $2,800 30 advance Adveta recorded this receipt of cash as Unearned Revenue. As of December 31 Advota has completed $2,000 of the services b. Adveta prepaid two months of rent on December 1 (Assume the Prepaid Rent balance as shown on the unadjusted trial balance represents the two months of rent prepaid on December 1) c. Adveta used $450 of office supplies d. Depreciation for the equipment is $400 e. Adveta received a bill for December's online advertising S1,000Adveta will not pay the bill until January (Use Accounts Payable) t. Adveta pays its employees on Monday for the previous week's wages its employees sam 56 500 for a five-day workweek. December 31 falls on Tuesday this year On October 1. Adveta agreed to provide a four-month air system check (beginning October 1) for a customer for $1600 Adveta has completed the system check every month, but payment has not yet been received and no entries have been made Print Done 1 024, and the data needed for the adjustments follow jew the adjusting entry information) the fiebanadi. Salah salata on the list of the lactable - X Requirements 1. Journalize the adjusting entries on December 31 2. The T-accounts, along with their uradjusted balances have been opened for you. Post the adjusting entries to the T-accounts. 3. Prepare the adjusted trial balance. 4. How will Adveta Air Purification System use the adjusted trial balance? Print Done a ONE en credits Select the explanation on the last line of the journal entry table) advance. Adveta recorded this receipt of cash as Unearned Revenue As of December 31, Adveta has completed $2,000 of the services bit Credit g Read the facilements Requirement 1. Journalize the adjusting entries on December 31 (Record debits first, then credits Select the explanati a. On December 15, Adveta contracted to perform services for a client receiving $2 800 in advance Adveta recorded thi Date Accounts and Explanation Debit Credit (a) Dec. 31