Question 1 (40 marks) A- The following working paper shows the unadjusted and the adjusted trial balance for Farah Company as of December 31, 2019. Unadjusted Trial Balance Adjusted Trial Balance Cash $ 47,640 $ 47,640 Accrued revenue 14,000 22,000 Prepaid insurance (Prepayments) Office equipment Accum Depreciation-Office equip. Accounts payable Interest payable (Accruals) 0 84.000 2,000 84.000 $ 14,000 $ 20,000 9,100 9,100 0 1,000 Salaries payable (Accruals) 0 7,000 Long-term notes payable 52,000 52,000 Farah, Capital 40,000 40,000 Farah, Withdrawals 5,000 5,000 Consulting fees earned (Revenues) 123,240 131,240 Depreciation expense-Office equip. 0 6,000 Salaries expense 67,000 74,000 Interest expense 1,200 2,200 Insurance expense Rent expense 5000 3,000 14,500 14,500