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Problem #2 Vincente Martinez, Controller, has asked you to finish the closing process for Arlington Air Purification Systems Vincente has provided you with the following

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Problem #2 Vincente Martinez, Controller, has asked you to finish the closing process for Arlington Air Purification Systems Vincente has provided you with the following unadjusted trial balance and also provided you with the adjustment data at December 31, 2019. You are to post the adjustments, and prepare the adjusted trial balance. Lastly, Vincente Martinez has told you he expects an income statement, statement of Retained Earnings, and balance sheet as of December 31, 2019. Unadjusted Credit Adjustments Credit Adjusted Trial Balance Credit Debit Debit Debit 7,700 19,200 2,400 1,300 19,900 4,300 3,600 Arlington Air Purification Systems, Inc Trial Balance 31-Dec-19 Account Cash Accounts Receivable Prepaid rent Supplies Equipment Accumulated depreciation Account Payable Salary Payable Unearned service revenue Common Stock Dividends Service revenue Salary expense Rent Expense Depreciation expense Advertising expense Supplies Expense Total 2,600 39,500 9,500 15,400 3,500 1,900 65,400 65,400 Adjustment data at December 31: Unearned service revenue still unearned, $1,100. b. Prepaid rent still in force, $500. c. Supplies used during the month, $600. Depreciation for the month, $900. e. Accrued advertising expense, $900, (Credit Accounts Payable] Accrued salary expense, $1,100

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