Question 13 Marks The unadjusted trial balance of Anniston Air Purification System at December 31, 2018, and the data needed for the adjustments follow ARSONARRATION TIM Chad a. Adjustment data at December 31 follow On December 15, Anniston contracted to perform services for a client receiving S3,100 in advance. Anniston recorded this receipt of cash as Uneamed Revenue. As of December 31, Anniston has completed $2,100 of the services. b. Anniston prepaid two months of rent on December 1. (Assume the Prepaid Rent balance as shown on the unadjusted trial balance represents the two months of rent prepaid on December 1.) Anniston used 5750 of office supplies Depreciation for the equipment is $850. Anniston received a bill for December's online advertising, S1,100. Anniston will not pay the bill until January (Use Accounts Payable.) d. 1. Anniston pays its employees on Monday for the previous week's wages, Its employees earn $3.500 for a five-day workweek. December 31 falls on Wednesday this year. g. On October 1, Anniston agreed to provide a four-month air system check (beginning October 1) for a customer for $3,400. Anniston has completed the system check every month, but payment has not yet been received and no entries have been made Requirements 1. Journalize the adjusting entries on December 4 Marks 2. Using the unadjusted trial balance, open the T-accounts with the unadjusted balances. Post the adjusting entries to the T- 4 Marks Prepare the adjusted trial balance 3 Marks 31. accounts Question 13 Marks The unadjusted trial balance of Anniston Air Purification System at December 31, 2018, and the data needed for the adjustments follow ARSONARRATION TIM Chad a. Adjustment data at December 31 follow On December 15, Anniston contracted to perform services for a client receiving S3,100 in advance. Anniston recorded this receipt of cash as Uneamed Revenue. As of December 31, Anniston has completed $2,100 of the services. b. Anniston prepaid two months of rent on December 1. (Assume the Prepaid Rent balance as shown on the unadjusted trial balance represents the two months of rent prepaid on December 1.) Anniston used 5750 of office supplies Depreciation for the equipment is $850. Anniston received a bill for December's online advertising, S1,100. Anniston will not pay the bill until January (Use Accounts Payable.) d. 1. Anniston pays its employees on Monday for the previous week's wages, Its employees earn $3.500 for a five-day workweek. December 31 falls on Wednesday this year. g. On October 1, Anniston agreed to provide a four-month air system check (beginning October 1) for a customer for $3,400. Anniston has completed the system check every month, but payment has not yet been received and no entries have been made Requirements 1. Journalize the adjusting entries on December 4 Marks 2. Using the unadjusted trial balance, open the T-accounts with the unadjusted balances. Post the adjusting entries to the T- 4 Marks Prepare the adjusted trial balance 3 Marks 31. accounts
