Information necessary to prepare the year-end adjusting entries appears below. a. The bulidings have an estimated useful life of 50 years with no salvage value. The company uses the straight-line depreciation method. b. The office equipment is depreciated at 10 percent of original cost per year. c. Prepaid insurance expired during the year, $1,350 d. Accrued salaries at year-end, $1,050. e. Rent to customers who paid in advance has been provided for $7,100. Required: 1. From the trial baiance and information given, prepare adjusting entries. 2. Post the beginning balances and adjusting entries into the appropriate T-accounts: 3. Prepare an adjusted trial balance. 4. Prepare closing entries. 5. Prepare a post-closing trial balance. rom the trial balance and information given, prepare adjusting entries. lote: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet The buildings have an estimated useful life of 50 years with no salvage value. The company uses the straight-line depreciation method. Note: Enter debits before credits. Journal entry worksheet 5 The office equipment is depreciated at 10 percent of original cost per year. Note: Enter debits before credits. Journal entry worksheet 5 Prepaid insurance expired during the year, $1,350. Note: Enter debits before credits. From the trat balance and information glven, prepare adjusting entries. Note: if no entry is recained for a transactionvevent, select "No fourral entry required in the first account fela. Journal entry worksheet (1) 5 Acerued salaries at yearrend, $1,050. Note: Lnter debits before credte. From the trial balance and information given, prepare adjusting entries. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account fela. Journal entry worksheet Rent to customers who paid in advance has been provided for $7,100. Note: Enter debits before credits