nstructions: Using the following information complete the worksheet.

The date is December $31,2021$

A car insurance policy examination shows $$2,800$ has expired.

A physical count of the inventory for office supplies shows a remaining value of $$1,280.$ Record the used amount.

The estimated amortization of office equipment is $$4,800.$

The payroll of the company is done each Friday $($for the previous $5$ days$).$ December $31$ is on Tuesday. There are six employees and each employee makes $$340$ a day. An adjusting entry must be made to record the accrued salary for the days accrued for these employees.

The car that the president uses to drive to the business of his clients cost $$120,000.$ It is estimated that the car will last $4$ years and will be sold for $$40,000.$ Record depreciation for one year for the car.

On November $1,$ the company paid $$40,000$ for $5$ months' rent $($November$,$ December, January, February, & March$)$ in advance. It is now December $31.$ Record the amount of rent expired.

WorksheetDecember $31,2021$Unadjusted Trial BalanceAdjustmentsAdjusted Trial BalanceIncome StatementBalance Sheet$$DebitCreditDebitCreditDebitCreditDebitCreditDebit$$Cash$140,000\mathrm{.}00$Accounts Receivable$53,040\mathrm{.}00$Office Supplies$3,400\mathrm{.}00$Prepaid Insurance, Automobile$4,800\mathrm{.}00$Prepaid Rent$40,000\mathrm{.}00$Office Equipment$34,000\mathrm{.}00$Accumulated Depreciation, Office Equipment$$Automobile$120,000\mathrm{.}00$Accumulated Depreciation, Automobile$$Accounts Payable$66,320\mathrm{.}00$Accrued Salaries Payable$$Owner$,$ Capital$172,420$Owner$,$ Withdrawals$30,000\mathrm{.}00$Bookkeeping Fees Earned$330,300$Depreciation Expense, Office Equipment$$Depreciation Expense, Automobile$$Salaries Expense$115,000\mathrm{.}00$Gas Expense$28,800\mathrm{.}00$Insurance Expense$$Office Supplies Expense$$Rent Expense$$TOTALS$569,040\mathrm{.}00569,040\mathrm{.}00$