North Star prepared the following unadjusted trial balance at the end of its second year of operations ending December 31. Account Titles Cash Accounts Receivable Prepaid Rent Equipment Accumulated Depreciation Accounts Payable Debit Credit $ 12,300 6,300 2,460 21,300 $ 1,030 1,030 0 Income Tax Payable Common Stock Retained Earnings Sales Revenue Salaries and Wages Expense Utilities Expense Rent Expense Depreciation Expense Income Tax Expense Totals Other data not yet recorded at December 31: a. Rent expired during the year, $1,230. b. Depreciation expense for the year, $1,030. c. Utilities used and unpaid, $9,300. d. Income tax expense, $420. 25,100 2,400 50,900 25,300 12,800 0 0 0 $ 80,460 $ 80,460 3. Post the beginning balances and adjusting entries to the following T-accounts. After entering the beginning balances and computing the adjusted ending balances, prepare an adjusted trial balance as of December 31. Complete this question by entering your answers in the tabs below. T Accounts Adjusted TB Post the beginning balances and adjusting entries to the following T-accounts. Debit Beginning Balance Ending Balance Debit Beginning Balance Ending Balance Prepaid Rent Accumulated Depreciation Credit Rent Expense Debit Credit Beginning Balance Ending Balance Depreciation Expense Credit Debit Credit Beginning Balance Ending Balance Accounts Payable Debit Credit Beginning Balance Ending Balance Debit Beginning Balance Ending Balance Income Tax Payable Utilities Expense Debit Credit Beginning Balance Ending Balance Income Tax Expense Credit Debit Credit Beginning Balance Ending Balance 2 < ces Prepare an adjusted trial balance as of December 31. NORTH STAR Adjusted Trial Balance Account Titles Debit Credit Totals < T Accounts Adjusted TB