Jones Service Company had the following balance at the beginning of December $1,20$Y$8$

Assets $=$ $$270,500$

Liabilities $=$ $$60,000$

Stockholders' Equity $=$ $$210,500$

During the month of December, Jones Service Center had the following transactions:

Dec. $1.$ Invested an additional $$7000$ in the business.

Dec. $2$ Paid $$10368$ for a one year general insurance policy.

Dec. $6.$ Purchased supplies of $$1900$ on account.

Dec. $10$ Received $$21000$ for services on account.

Dec. $13$ Paid creditors $$4000$ on account.

Dec. $15$ Received $$15000$ from Roberts company as rent for the use of a vacant office in the building; Roberts paid the rent six months in advance starting Dec. $1$

Dec. $19$ Billed customers $$41000$ for services provided on account.

Dec. $22$ Received $$11000$ for services provided to customers.

Dec. $23$ Paid wages of $$30000$

Dec. $24$ Paid rent of $$5800$

Dec. $25$ Paid utilities for the month $$2700$

Dec. $26$ Paid interest expense of $$100$

Dec. $27$ Paid miscellaneous expenses of $$700$

Dec. $30$ Withdrew funds for personal use in the amount of $$3000$

Instructions:

$1.$ Record these transactions using the spreadsheet format below: Use the Account names to enter into the "Account" section of the table. Make sure to enter the beginning balances in the field. For assistance, here is an excel template $[+]$ to help with calculations.

$2.$ Enter the adjusting entries in the table:

Adj $1.$ Insurance expired.

Adj $2.$ Supplies used were $$800$

Adj $3.$ Depreciation on the building, $$3,000.$

Adj $4.$ Unearned rent revenue earned $($review the transaction on December $15$th; Roberts moved into the building on Dec. $1)$

Adj $5.$ Wages owed to employees, but not paid, $$2,900.$

Adj $6.$ Services provided, but not billed to patients, $$5,000.$