P3-35A 06 Preparing and posting adjusting journal entries; preparing an n Inn Company at December 31, 2012, and the data adjusted trial balance and financial statements [45-60 min] The trial balance of Lexingto needed for the month-end adjustments follow LEXINGTON INN COMPANY Trial Balance December 31, 2012 Debit Credit Cash Accounts receivable 14.300 2.300 1,100 411,000 Supplies Accounts payable Salary payahle 2400 Salary open Total 190 Adjustment data at December 31 follow a. Prepaid nsurance still in force, $700 b, Supplies used during the month, $500 for the month, $1,600 d. Accrued salary expense, $400. e. Unearned service revenuc still Requirements 1. Journalize the adjusting entries. 2. The unadjusted balances have been entered for you in the general ledger accounts. Post the adjusting entries to the ledger accounts. 3. Prepare the adjusted trial balance 4. Prepare the income statement, statement of owner's equity, and balance sheet for the business for the month ended December 31, 2012