IDK, Inc has the following unadjusted account balances as of December 31, 2022, the company's year-end (Click the icon to view the unadjusted balance) Review the ending balances of the accounts that you prepared above IOK, Inc. Account Total Adjusted Trial Balance At December 31, 2922 Debit Credit Unadjusted balances - Cash: $700,000 Accounts Receivable $2.500 Prepaid Insurance $15,000 -Pret 121.000 -Equipment 6.000 Accumulated Depreciation Equipment 50 - Accounts Payable: $55.000 Common Stock: $5,000 Sales Revenue: $1,097,500 -Wage Expense: $330,000 - Expense.000 Insurance Expans: $6,500 Rent Expense: $10,500 Depreciation Expense-Equipment 50 Print At year and DK made the following adjusting journal entries to properly record revenues and expenses (Cick then to view the December 31, 2022 ) Read Done X December 31, 2022 adjusting entries Adusting entry 1 (AES) Account urance Expens Prepaid urance Adjusting entry 2 (A2) Rod Expose Adjusting entry 3 (AJEJ Account Wage Expense Wages Payable Adating entry 4 (AJE4) Account Depreciation Expense-Equipment Accumulated Depreciation-Equipment Print Done December 31 15,000 December 31 10,000 December 31 211.000 December 31 4,400 11,000 10.500 28.000 4,400 Requirement b. Prepare an adjusted trial balance for DK, Inc. as of December 31, 2022 Begin by posting the adjusting joumal entries to the baccounts to obtain the adjusted balances. T-accounts have been opened using the balances from the unadjusted trial balance. Use the adusting joumal entry numbers (AJE1 through AJE4) as posting references to post each adjusting entry to the relevant accounts, then compute the adjusted ending balance of each account Label the adjusted balances with Ad). Bat (For accounts with a 50 adjusted balunos select "Ad Balandoter 0 on the normal balance side of the 1-account) Cash 700,000 Una, Ba Una Prepaid Insurance 15,000 Equipment 0,000 Accounts Payable 55.000 Unad Bal Unad Bal Unad, Ba Accounts Receivable 2,500 Prepaid Rent 21,000 Accumulated Depreciation Equipment Wages Payable Unadj. Bal. Unadj. Bal. Accounts Payable 55,000 Unadj. Bal. Common Stock 5,000 Unadj. Bal. Rent Expense 10,500 Utilities Expense 6,000 Depreciation Expense Unadj. Bal.. Unadj. Bal. Wages Payable Sales Revenue 1,097,500 Unadj. Bal. Wage Expense 330,000 Insurance Expense 6,500 Requirement a. Prepare an unadjusted trial balance for IDK, Inc. as of December 31, 2022. (Exclude any accounts with a zero balance from the trial balance.) IDK, Inc. Unadjusted Trial Balance At December 31, 2022 Account Total Debit Credit Unadjusted balances . Cash: $700,000 Accounts Receivable: $2,500 Prepaid Insurance: $15,000 Prepaid Rent: $21,000 Equipment: $66,000 Accumulated Depreciation Equipment: $0 Accounts Payable: $55,000 Common Stock: $5,000 Sales Revenue: $1,097,500 Wage Expense: $330,000 Utilities Expense: $6,000 Insurance Expense: $6,500 Rent Expense: $10,500 Depreciation Expense-Equipment: $0 Print Done - X December 31, 2022 adjusting entries Account Insurance Expense Prepaid Insurance Adjusting entry 2 (AJE2): Account Rent Expense Prepaid Rent Adjusting entry 3 (AJE3): Account Wage Expense Wages Payable Adjusting entry 4 (AJE4): Account Depreciation Expense-Equipment Accumulated Depreciation Equipment December 31 15,000 December 31 10,500 December 31 28,000 December 31 4,400 15,000 10,500 28,000 4.400 X IDK, Inc. has the following unadjusted account balances as of December 31, 2022, the company's year-end: (Click the icon to view the unadjusted balances.) Requirement a. Prepare an unadjusted trial balance for IDK, Inc. as of December 31, 2022. (Exclude any accounts with a zero balance from the trial balance.) IDK, Inc. Unadjusted Trial Balance At December 31, 2022 Account Debit At year-end, IDK made the following adjusting journal entries to properly record revenues and expenses. (Click the icon to view the December 31, 2022 adjusting entries.) Read the requirements. Credit