In August $19,$ Sherri DeLong, a lawyer, opened her own law practice, to be known as the Law Office of Sherri DeLong. The business adjusts and closes its accounts at the end of each month. The following trial balance was prepared at August $31,19\_,$ after one month of operations:

Law Office of Sherri DeLong

Trial Balance

August $37,19.$

Cash $ $5,870$

Legal fees receivable $$0$

Prepaid office rent $$2,400$

Office supplies $$730$

Office equipment $$13,200$

Accumulated depreciation: office equipment $$0$

Notes payable $$8,000$

Interest payable $$0$

Salaries payable $$0$

Unearned retainer fees $$7,510$

Sherri DeLong, capital $$10,000$

Sherri DeLong, drawing $$2,000$

Legal fees earned $$790$

Salaries expense $$1,340$

Miscellaneous expense $$760$

Office rent expense $$0$

Office supplies expense $$0$

Depreciation expense: office equipment $$0$

Interest expense $$0$

Total Debits: $$26,300$

Total Credits: $$26,300$

$($a$)$ The law practice rents an office at a monthly rate of $$1,200.$ On August $1,$ two months" rent was paid in advance and charged to the Prepaid Office Rent account.

$($b$)$ Office supplies on hand at August $31$ amounted to $$400.$

$($c$)$ The office equipment was purchased on August $1$ and is being depreciated over an estimated useful life of $10$ years.

$($d$)$ No interest has yet been paid on the note payable. Accrued interest at August $31$ amounts to $$100.$

$($e$)$ Salaries earned by the staff but not yet recorded or paid$-$amounted to $$520$ at August $31.$

f$)$ Many clients are asked to make an advance payment for the legal services to be rendered in future months. These advance payments are credited to the Unearned Retainer Fees account. During August, $$2,350$ of these advances were earned by the business.

g$)$ Some clients are not billed until all services relating to their matter have been rendered. As of August $3$L$,$ services priced at $$1,240$ had been rendered to these clients but had not yet been recorded in the accounting records.

Instructions:

$•$ Prepare the adjusting entries required at August $3$l$.$

$•$ Determine the amount of revenue that should appear in the company's income statement for the month ended August $31.$