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Required information E4-15 Recording Adjusting Entries and Preparing an Adjusted Trial Balance [LO 4-2, 4-3) The following information applies to the questions displayed below) North

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Required information E4-15 Recording Adjusting Entries and Preparing an Adjusted Trial Balance [LO 4-2, 4-3) The following information applies to the questions displayed below) North Star prepared the following unadjusted trial balance at the end of its second year of operations ending December 31. Credit Debit $11,400 5,400 2,280 20,400 Account Titles Cash Accounts Receivable Prepaid Rent Equipment Accumulated Depreciation Accounts Payable Income Tax Payable Common Stock Retained Earnings Sales Revenue Salaries and Wages Expense Utilities Expense Rent Expense Depreciation Expense Income Tax Expense Totals $ 1,160 1,160 0 24, 200 1,500 47,760 24,400 11.900 0 0 0 $75, 780 $75, 780 Other data not yet recorded at December 31 Other data not yet recorded at December 31: a. Rent expired during the year. $1,140, b. Depreciation expense for the year. $1,160 c. Utilities used and unpaid $8,400 d. Income tax expense, $330, E4-15 Part 2 2. Prepare the adjusting journal entries required at December 31. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction fist Journal entry worksheet 2 3 4 Record the entry for the rent expired during the year, $1,140. View transaction ist Journal entry worksheet 1 2 3 4 Record the entry for the rent expired during the year, $1,140. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal

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