only the general journal

Trial Balance and Adjusting Entries Deliverall, a mailing service, has just completed its first full year of operations on December 31 , 2022. The firm's general ledger account balances before year-end adjustments are given below. No adjusting entries have been made to the accounts at any time during the year. Assume that all balances are normal. An analysis of the firm's records reveals the following: 1. The balance in Prepaid Advertising represents the amount paid for newspaper advertising for one year. The agreement, which calls for the same amount of space each month, covers the period from February 1, 2022 to January 31, 2023. Deliverall did not advertise during its first month of operations. 2. The equipment, purchased January 1 , has an estimated life of 8 years. 3. Utilities expense does not include expense for December estimated at $325. The bill will not arrive unti january 2023. 4. At year-end, employees have earned $1,200 in wages that will not be paid until january. 5. Supplies on hand at December 31 are \$1,520. 6. At year-end, unpaid interest of $450 has accrued on notes payable. 7. The firm's lease calls for rent of $525 per month payable on the first of each month, plus an amount equal to 0.5% of annual maling fees earned. The rental percentage is payable within 15 days after the end of the year