It is December 31, 2017. Trents' haven't followed your recommendation to hire a new accounting clerk so they ask you to help them prepare their adjusted Trial Balance at December 31, 2017. They use the accrual method of accounting. They provide you with the unadjusted Trial Balance and information about 8 transactions (next page) Required: [18 marks] Answer this question using accounting paper or an Excel spreadsheet. 1. Prepare the adjusting journal entries required at December 31,2017 based on the information provided. [Note: additional accounts may be needed] [8 marks] 2. Prepare the Adjusted Trial Balance at December 31,2017 [10 marks] Trents' Transportation Corp Unadjusted Trial Balance December 31, 2017 Account Name Debit Credit Cash Accounts Receivable Prepaid Insurance Vehicles (net of depreciation Other Fixed Assets Accounts Payable Salaries Payable Unearned Revenue Common Shares Retained Earnings Transportation Revenue $50,500 10,000 2,500 42,000 30,000 11,500 2,200 5,000 35,000 26,800 112,400 General& Admin Expense Insurance Expense Legal Expense Salaries Expense Supplies Expense Totals 18,000 1,500 5,000 21,400 12,000 $192,900 $192,900