Mahmood's company report the following unadjusted trial balance: Mahmood Company Unadjusted Trial Balance December 31, 2020 Debit Credit Cash 17,500 Accounts receivable 16,000 Office supplies 9,000 Prepaid rent 6,500 Office equipment 28,000 Accumulated depreciation- Office equipment 3,500 Unearned service fees 23,500 Mahmood, Capital 10,940 Mahmood, Withdrawals 1,500 Fees earned 71,960 31,400 Salaries expense The following information is provided: 1) A physical count of supplies shows that supplies available are $2,500. 2) At December 31, 2020, salaries incurred but not paid were $11,000. 3) A careful analysis shows that 1/4 of unearned service fees were earned by Dec 31, 2020. 4) A client agreed to nav $3.900 for 60-day consulting senices. The first day of service started on December 23 Click Save and Submit to save and submit. Click Sau 28,000 Office equipment Accumulated depreciation- Office equipment Uneamed service fees Mahmood, Capital Mahmood, Withdrawals Fees eamed Salaries expense 3,500 23,500 10,940 1,500 71,960 31,400 The following information is provided: 1) A physical count of supplies shows that supplies available are $2,500. 2) At December 31, 2020, salaries incurred but not paid were $11,000. 3) A careful analysis shows that 1/4 of unearned service fees were earned by Dec 31, 2020. 4) A client agreed to pay $3,900 for 60-day consulting services. The first day of service started on December 23, 2020. Prepare the necessary adjustments for Mahmood's company. Please follow the example: EXAMPLE: Question: Office equipment has a useful life of 4 years and no salvage value. It was purchased on October, 2019. Depreciation expense has been recorded for the year 2019, but still not recorded in 2020. Answer: Dr. Depreciation expense ..... 7,000 Cr. Accumulated Depreciation .7,000 Cartbatbar ATPALTEN