Need answers for both problems

The One Financial Consultancy has prepared the following unadjusted trial balance at July 31, 2019 The One Financial Consultancy Co. Unadjusted Trial Balance July 31, 2019 Debit Balances Credit Balances Cash . . . . . ... . 35,200 Prepaid Rent . . . . 7,250 Supplies . . 4,750 Automobile . . . . . . 98,300 Accumulated Depreciation-Automobile . .. . . . . . .93,750 Equipment . ...... in... 85,250 Accumulated Depreciation-Equipment 27,500 Unearned Rent . . 13,200 Jenny's, Capital . . 160,000 Jenny's, Drawing . .... 12,500 Fees Earned . . . . . . . . 145,000 earned Rent . 35,500 Rent Expense . 11,400 Repairs Expense . . . . 21,250 The data needed to determine year-end adjustments are as follows: Depreciation for Automobile for the year was $3,750 Accrued wages at July 31 is $1750 Unexpired rent at July 31 52000 Supplies on hand at July 31 $1600 Rent earned at July 31 $1200 Requirements: 1. Journalize the adjusted entry require base on the above information 2. Prepare Adjusted Trail Balance at July 31 2019Tokyo Lid has two types of equipment. The management decided that different depreciation methods should be applied in determining the annual depreciation charges. Information on the equipment is summarised as follows (ignore GST). Equipment Date Cost Residual Depreciation Depreciation Type Acquired Value Rate (Annually) Method A 1 July 2018 286 200 30 000 25% Diminishing balance B 1 January 2021 130 000 5 000 20% Straight-line Required: a. Assuming the depreciation is recorded to the nearest month, calculate the depreciation charges for the year ended 30 June 2021. (10 marks) b. Prepare the journal entries for the year ended 30 June 2021 (4 marks) c. Explain the factors causing a depreciable asset to have a limited useful life