North Star prepared the following unadjusted trial balance at the end of its second year of operations ending December 31.

Account Titles	Debit	Credit
Cash	$ 11,300
Accounts Receivable	5,300
Prepaid Rent	2,260
Equipment	20,300
Accumulated Depreciation		$ 1,170
Accounts Payable		1,170
Income Tax Payable		0
Common Stock		24,100
Retained Earnings		1,400
Sales Revenue		47,420
Salaries and Wages Expense	24,300
Utilities Expense	11,800
Rent Expense	0
Depreciation Expense	0
Income Tax Expense	0
Totals	$ 75,260	$ 75,260

Other data not yet recorded at December 31:

1. Rent expired during the year, $1,130.
2. Depreciation expense for the year, $1,170.
3. Utilities used and unpaid, $8,300.
4. Income tax expense, $320.

Required:

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.