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Problems PB-1 The trial balance of Sound Advice Company is presented below: Sound Advice Company Trial Balance 31 December 20X3 1 Acc Name Crebit Debit TL 66.000 Cash 33.000 10.648 5.280 36.960 cu TL 6.16 23.760 44.00 Accounts Receivable Omer Supplies Prepaid Rent Othequipment Accumulated Depreciation Accounts Payable Notes l'ayable Uneamed Fees ML Advice, Capital Mt. Advice, Withdrawals Service Revenues Salaries Expeme Best Expense Transportation Expense 11.08 96 DOS 18.000 290.400 197.600 17.600 17.120 TL 472.208 TL 472 203 The following information is available at the end of 31 December 20X3. 1. The physical count of office supplies at year end revealed TL 1.056 worth of office supplies on han 2. TL 1.700 of prepaid tent expired. Depreciation expense of office equipment was TL 2.640. Fees that had been camped but not yet billed and collected were TL 8.800 S. Interest expense accrued on the notes payable as of 31 December 20x3 was TL 2.200 6. TL 4.664 of uneared fees was still not earned as of 31 December 20X3. 7. Accrued salaries at the end of the year amounted to TL 1.320. Prepare the adjusting entries. bi post the adjusting entries to T-accounts (post the beginning balances from the trial balance first c) Prepare the adjusted trial balance, the income statement and the statement of financial positio Problems PB-1 The trial balance of Sound Advice Company is presented below: Sound Advice Company Trial Balance 31 December 20X3 1 Acc Name Crebit Debit TL 66.000 Cash 33.000 10.648 5.280 36.960 cu TL 6.16 23.760 44.00 Accounts Receivable Omer Supplies Prepaid Rent Othequipment Accumulated Depreciation Accounts Payable Notes l'ayable Uneamed Fees ML Advice, Capital Mt. Advice, Withdrawals Service Revenues Salaries Expeme Best Expense Transportation Expense 11.08 96 DOS 18.000 290.400 197.600 17.600 17.120 TL 472.208 TL 472 203 The following information is available at the end of 31 December 20X3. 1. The physical count of office supplies at year end revealed TL 1.056 worth of office supplies on han 2. TL 1.700 of prepaid tent expired. Depreciation expense of office equipment was TL 2.640. Fees that had been camped but not yet billed and collected were TL 8.800 S. Interest expense accrued on the notes payable as of 31 December 20x3 was TL 2.200 6. TL 4.664 of uneared fees was still not earned as of 31 December 20X3. 7. Accrued salaries at the end of the year amounted to TL 1.320. Prepare the adjusting entries. bi post the adjusting entries to T-accounts (post the beginning balances from the trial balance first c) Prepare the adjusted trial balance, the income statement and the statement of financial positio