Pete's Roofing, Inc. Unadjusted Trial Balance December 31, 2014 Account Debit Credit Cash $5,000 Accounts Receivable 20,000 Supplies 6,000 Prepaid Rent 10,500 Equipment 850,000 Accumulated Depreciation 235,000 Other Assets 65,000 Accounts Payable 10,500 Unearned Service Revenue 12,500 Note Payable 60,000 Common Stock 285,000 Retained Earnings 35,000 Service Revenue 625,000 Wages Expense 205,000 Rent Expense 92,600 Interest Expense 8,900 Totals $1,263,000 $1,263,000 At year end, you have the following data for adjustments: a. An analysis indicates that prepaid rent on December 31 should be $4,000 b. A physical inventory shows that $1,650 of office supplies is on hand. c. Depreciation for 2014 is $40,000 d. An analysis indicates that unearned service revenue should be $6,500 e. Wages of $5,500 are owed but unpaid and unrecorded at year end. f. Six month's interest at 5% on the note was paid on September 30. Interest for the period October 1 to December 31 is unpaid and unrecorded. REQUIRED: 1. Prepare the adjusting entries. 2. After posting the adjusting entries, prepare an adjusted trial balance.