REQUIRED:

1.Prepare the adjusting entries.

2.After posting the adjusting entries, prepare an adjusted trial balance.

36 E'@. Home Insert Page Layout loanbri (Body) 'H\" 'l Formulas Data Review _= 3'0 View Ev Accounting Paste '32 l3 I E'lll'llgh'l |$'% 3|'.'o'34' Clipboard Font Alignment Number 010 i e 285000 A B C D E F G H 1 Pete's Roofing, Inc. 2 Unadjusted Trial Balance 3 December 31, 2014 4 5 Account Debit Credit 5 Cash 5 5,000 7 Accounts Receivable 20,000 8 Supplies 6,000 9 Prepaid Rent 10,500 10 Equipment 850,000 11 Accumulated Depreciation 235,000 1 2 Other Assets 55,000 13 Accounts Payable 10,500 14 U nearned Service Revenue 12,500 1 5 Note Payable 60 000 16 Common Stock I 285,000 ll 1 7 Retained Earnings 35,000 18 Service Revenue 625,000 19 Wages Expense 205,000 20 Rent Expense 92,600 2 1 Interest Expense 8,900 2 2 Totals 5 1,2 53,000 $ 1,253,000 2 3 24 2 5 At year end, you have the following data foradjustmenrs: 2 6 27 a. An analysis indicates that prepaid rent on December 31 should be $4,000 28 29 b. A physical inventory shows that 51,650 of office supplies is on hand. 30 31 c. Depreciation for 2014 is $40,000 3 2 33 d. An analysis indicates that unearned service revenue should be $6,500 34 35 e. Wages of 55,500 are owed but unpaid and unrecorded at year end. 3 6 37 f. Six month's interest at 5%on the note was paid on September 30. Interest 38 for the period October 1 to December 31 is unpaid and unrecorded. 39 40 41 REQUIRED: Points 42 43 1. Prepare the adjusting entries. 5 44 45 2. After posting the adjusting entries, prepare an adjusted trial balance. 5 45 .1