Record the adjusting entry for revenue. Of the $\backslash (\backslash$$ $10,000\backslash )$ paid in advance by customers, $\backslash (\backslash$$ $7,000\backslash )$ of the work has been completed by the end of the year. $/$r$/$n Depreciation for the year on the machinery is $\backslash (\backslash$$ $8,000\backslash ).$ Plumbing supplies remaining on hand at the end of the year equal $\backslash (\backslash$$ $1,100\backslash ).$ Of the $\backslash (\backslash$$ $10,000\backslash )$ paid in advance by customers, $\backslash (\backslash$$ $7,000\backslash )$ of the work has been completed by the end of the year. Accrued utilities at year$-$end amounted to $\backslash (\backslash$$ $6,000\backslash ).$

The general ledger of Jake's Guitar at January $1,2021,$ includes the following account balances:

$\backslash$table$[[$Accounts$,$Debits,Credits$],[$Cash$,$$$,4,500,,],[$Accounts Receivable,,$9,500,,],[$Supplies$,,3,500,,],[$Equipment$,,36,000,,],[$Accumulated Depreciation,,,$$,8,000],[$Accounts Payable,,,,$6,000],[$Utilities Payable,,,,$7,000],[$Deferred Revenue,,,,$0],[$Common Stock,,,,$23,000],[$Retained Earnings,,,,$9,500],[$Totals$,$$$,53,500,$$$,53,500]]7.$ Prepare an adjusted trial balance.