Presented below is the November 30, 2022, unadjusted trial balance of Brooke's Candle Boutique, which is owned by Superior Scents Company. The temporary account balances represent the results of entries recorded during the first 11 months of 2022, and the balance in Brooke's common stock and retained earnings accounts have not changed since December 31, 2021. Brooke's Candle Boutique Unadjusted Trial Balance November 30, 2022 REF DEBIT CREDIT Cash Supplies 111 666,400 112 7,300 Prepaid Store Rental 113 24,100 Equipment 131 412,000 Accumulated Depreciation, Equipment 132 166,000 Building 135 620,000 Accumulated Depreciation, Building 136 288,000 Accounts Payable 211 47,200 Wages Payable 212 Utilities Payable 213 Interest Payable 214 0 0 0 Unearned Candle Service Revenue 215 9,100 Long-Term Notes Payable 231 197,200 Common Stock 311 99,300 Retained Earnings 312 293,000 Dividends 313 0 Income Summary 314 0 Candle Service Revenue 411 1,276,000 Wages Expense 511 215,500 Store Rental Expense 512 298,000 Supplies Expense 513 42,500 Utilities Expense 514 23,000 Advertising Expense 515 4,700 Maintenance Expense 516 62,300 Depreciation Expense, Equipment 517 0 Depreciation Expense, Building 518 0 Interest Expense 519 0 Totals $2,375,800 $2,375.800 3. Prepare adjusting journal entries based on the following: a. Unpaid wages were $6,000 as of December 31. b. The supplies balance was $13,000 on December 31. c. The unexpired portion of the prepaid store rental was $7,600 as of December 31. d. Depreciation for the year on the equipment was $23,000. e. Depreciation for the year on the building was $28,450. f. Unpaid utilities expense for December was $3,100. g. Interest expense on the note payable for 2022 was $4,200, to be paid in 2023. h. Candle service gift certificates still unredeemed at December 31 totaled $1,900 The following transactions occurred during the month of December 2022: Dec. 45569 Paid accounts payable of $17,500 Paid store rental of $6,200 in advance. Purchased supplies, $900, on account. Deposited $21,000 of candle service revenue receipts. Unearned candle service revenue is for gift certificates sold for future candle services. $650 more of these gift certificates were sold to a local shop, for cash. Acquired additional equipment worth $29,000 by paying $600 cash and giving a long-term note payable for the balance. Paid wages of $12,000 for the period December 1 through 14. Paid for the supplies purchased on December 6. Purchased $13,000 of supplies on credit. 11 13 15 16 18 Sold 600 shares of common stock for $7,200. 23 Paid $6,000 for repairs at the candle boutique. 27 21 27 29 31 31 Deposited $34,700 from candle service revenue receipts. Paid for the supplies purchased on December 16. Paid wages of $13,500 for the period December 15 through 28. Paid $4,700 to newspaper for advertisements that appeared in December. Deposited $38,500 from candle service revenue receipts. Paid the annual dividend, amounting to $8,500. ACCUMULATED DEPR, BLDG-136 NOV 30 ACCOUNTS PAYABLE-211 288,000 INTEREST PAYABLE-214 NOV 30 0 Dec 4 17.500 NOV 30 47,200 UNEARNED CANDLE SERV.REV-215 Dec. 15 900 Dece Dec. 27 13.000 Dec 10 900 12,000 Dec 31 9780 NOV 30 9,100 Deca 650 Dec 31 29,700 9,750 9780 CL100 1000 Dec 31 9730 DECRL 79,700 WAGES PAYABLE-212 NOV 30 0 UTILITIES PAYABLE-213 NOV 30 0 LONG-TERM NOTES PAYABLE-231 Dec 31 229.00 NOV 30 Dec 11 225.600 197.200 28,400 275,600 Dec 31 225,600 10 COMMON STOCK-311 Dec 31 106.5CO NOV 30 Dec 18 106,500 99,300 7.200 106.300 Dec. 31 100, 500 CANDLE SERVICE REVENUE-411 Dec 31 1.370.100 NOV 30 1,276,000 Dec. C 21,000 Dec 21 34,700 Dec. 31 38, 300 1,270.200 1,270,200 Dec 31 370,200 RETAINED EARNINGS-312 NOV 30 293,000 WAGES EXPENSE-511 NOV 30 215,500 Dec 31 241.000 Dec 13 (2,000 Dec 27 13.500 2411.000 241,000 Dec 31 241,000 STORE RENTAL EXPENSE-512 298,000 DIVIDENDS-313 NOV 30 0 DECRL 8.500 Dec 81 9.500 NOV 30 Dec 31 8.500 8.500 8.300 INCOME SUMMARY-314 NOV 30 0 11 CASH-111 NOV 30. 666,400 Dec 4 17.500 NOV 30 General Ledger T-Accounts: Brooke's Candle Boutique EQUIPMENT-131 412,000 Dec. 31 441,000 Dec. G 21,000 Dec's 6,200 Decll 600 Deca Dec 11 GOO Dec 11 28,400 Deck Dec. 21 7,200 Dec 13 12.000 34700 Dec 15 900 441,000 441,000 Dec 31 SB 500 Dec 25 6,000 Dec. 31 441,000 Dec 27 13.000 Dec. 27 13.500 Dec 29 4.700 Dec 31 6 $4,050 ACCUMULATED DEPR, EQPT-132 7.450 769450 NOV 30 166,000 Dec. 31 694,050 SUPPLIES-112 Dec 21,200 NOV 30 7,300 Dec. 900 Dec. 16 13.000 21.200 Dec Bl 21.200 21,100 BUILDING-135 NOV 30 620,000 PREPAID STORE RENTAL-113 24,100 Dec 31 30,300 NOV 30 Dec5 6.700 30.300 Dec 31 30,300 30.300 NOV 30 NOV 30 SUPPLIES EXPENSE-513 42,500 UTILITIES EXPENSE-514 23,000 DEPRECIATION EXPENSE, EQPT-517 NOV 30 0 DEPRECIATION EXPENSE, BLDG-518 NOV 30 0 ADVERTISING EXPENSE-515 NOV 30 4,700 Dec 31 9,400 Dec 19 4,700 NOV 30 INTEREST EXPENSE-519 0 9400 9400 Dec 31 9400 MAINTENANCE EXPENSE-516 NOV 30 Dec. 23 62,300 Dec:31 68,300 ,000 68,300 Dec 31 68,400 68300 DATE GENERAL JOURNAL-Brooke's Candle Boutique ACCOUNT 12/4/22 Accounts Payable REF DEBIT CREDIT 17,500 Cash 17.500 12/0/22 Prepaid Store rentals 6.200 Cash Co200 1216122 Cash 21,000 candle Service revenue 21,000 12/9/22 Cash 650 neamed candle Service Thevenue 50 12/11/17 Equipment 29.000 Cash 600 Ining kerm notes Payable 28,400 12/16/22 Wages Expense 17,000 Cash 12,000 12/15/22 Accounts Payable 900 Cash 900 12/16/22 Supplies 13.000 "Accounts payable 13,000 12/18/22 Cash 7,200 Common Stock 7,200 12/21/22 Casn 34.700 Candle Service. 34,700 Revenue 12/23/22 mainence expense Cash 6,000 6000 DATE GENERAL JOURNAL-Brooke's Candle Boutique ACCOUNT 12/127/22 Accounts payable. REF DEBIT CREDIT 13,000 Cash 13,000 12/27/27 Wages Expense 13,500 Cash 13,300 12/79/27 Advertising Expense. 4,100 Cash 4,700 12/31/2 Cash 38,500 Candle service. 38,300 neverve 1211/27 Dividends 8.500 Cash 8.500