Q Please enter the following information, taken at month-end, in the trial balance by entering the letter (on the left) and amount (on the right) of each adjustment in the 'Adjustments' column, for the appropriate accounts. Then fill in the 'Adjusted Trial Balance' column with the balances of each account. a. Callaho Inc. rents part of its building for a monthly fee of $1,750. The rent for the month just past has not been received. b. Callaho Inc. purchased equipment at the start of the month. The equipment cost $25,500 and is expected to have a residual value of $4,500 at the end of its five-year life. c. The monthly depreciation on the furniture is $230. d. $600 of the television advertising paid for in advance has been used. e. Interest of $300 has accrued on a bank loan and is unrecorded. 1. Of the $7,100 consulting fees Callaho Inc. received in advance, $4,400 has not yet been earned. g. $800 of the rent paid in advance has expired. h. The monthly depreciation on the building is $340. Callaho Inc. Trial Balance December 31. 2014 Unadjusted Adjusted Trial Trial Balance Adjustments Balance Account Dr. Cr. Cr Dr Accounts payable 300 Accumulated depreciation, building 2.300 Accumulated depreciation, equipment 15,600 Accumulated depreciation, furniture 26.700 Advertising expense 2.000 Building. 41.300 Cash 116.680 Consulting revenue eared 11.400 Depreciation expense, building Depreciation expense. equipment Depreciation expense, furniture Equipment 25.500 Furniture 43,400 Interest expense 6.100 Interest payable. Prepaid advertising 2.600 Prepaid rent 2400 Rent eamed 12.300 Rent expense 1.600 Rent receivable Retained earnings 200 Share capital 154,900 Short-term notes payable 11.000 Unearned consulting revenue 7.100 Utilities expense 300 Totals 241,880 241,380 Official Time: 13.38:40 SUBMIT AND MARK