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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 $75, 780 $75, 780 Other data not yet recorded at December 31: a. Rent expired during the year. $1,140. 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 3 3. Summarize the adjusting journal entries in T-accounts. After entering the beginning balanclis and computing the adjusted ending balances, prepare an adjusted trial balance as of December 31. Complete this question by entering your answers in the tabs below. T Accounts Adjusted TB Summarize the adjusting journal entries in T-accounts. After entering the beginning balances and computing the adjusted ending balances. Prepaid Rent Rent Expense Beg Bal. Beg Bal 4 Next Requered intormation Summarize the adjusting journal entries in T-accounts. After entering the beginning balances and computing the adjusted ending balances Prepaid Rere Rent Expense Beg LL Beg Ba End, Bal End. Bal Accumulated Depreciation Depreciation Expense Beg Bai Beg Bal End, Bal End Bal Account Payable Coldes Expense Beg Bal Beg Bat End Bar End. Bal 0 Income Tax Payable Income Tax Expense Bec Bal Beg Bal End Bal End. Bal a EDOT Adjusted TB > Required information T Accounts Adjusted TB Prepare an adjusted trial balance as of December 31. NORTH STAR Adjusted Trial Balance Account Titles Debit Credit to Totais $ 0

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