i Data Table Chelsey Earick, CPA Worksheet December 31, 2018 Unadjusted Trial Balance Debit Credit Income Statement Adjustments Debit Credit Balance Sheet Debit Credit Account Names Debit Credit $ Cash Accounts Receivable Office Supplies Adjusted Trial Balance Debit Credit $ 46,800 14,200 50 (h) $ 4,500 46,800 9,700 700 14,000 20,000 145,000 (b) $ (a) 650 3,100 Prepaid Rent 10,900 Land 20.000 Building 145,000 Consider the following situations: Click the icon to view the situations.) Assume the company records adjusting entries monthly. Journalize the adjusting entries needed as of January 31. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) a. Business receives $3,600 on January 1 for 10-month service contract for the period January 1 through October 31. (When the cash was received on January 1, assume that a liability account was credited. Assume services are performed evenly each month throughout the term of the contract.) (b) $ (a) 650 3,100 Office Supplies Prepaid Rent Land Building Accumulated Depreciation-Building 700 14,000 20,000 145,000 10,900 20,000 145,000 (c) 450 S 450 25,000 25,000 (d) 1,600 Furniture Accumulated Depreciation Furniture Accounts Payable Utilities Payable Salaries Payable $ 4,300 550 1,600 4,300 550 3,700 800 (1) 3,700 Interest Payable 800 Data Table . X 4,300 550 (1) 3,700 (9) 800 Accounts Payable Utilities Payable Salaries Payable nterest Payable Jnearned Revenue Wotes Payable Common Stock Retained Earnings Dividends 400 7,000(e) 21,000 110,000 133,350 4,300 550 3,700 800 6,600 21,000 110,000 133,350 35,000 35,000 93,000 h) 4,900 97,900 Service Revenue Rent Expense (a) 3,100 25,000 2000 28,100 700 27 700 Data Table Notes Payable Common Stock Retained Earnings Dividends 21,000 110,000 133,350 21,000 110,000 133,350 35,000 35,000 93,000 h) 4,900 97,900 (a) 3,100 25,000 24,000 28,100 27,700 Service Revenue Rent Expense Salaries Expense Supplies Expense Utilities Expense Depreciation Expense- Building Depreciation Expense- (b) 650 650 24,000 24,000 450 i Requirements 1. Complete the worksheet. 2. Prepare the closing entries for Chelsey Earick, CPA