Required information [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 Credit Debit $11,800 5,800 2,360 20,800 $ 1,120 1.120 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 24,600 1,900 49, 120 24,800 12,380 $77,860 $77,860 Other data not yet recorded at December 31: a. Rent expired during the year, $1,180. b. Depreciation expense for the year, $1,120. c. Utilities used and unpaid, $8,800. d. Income tax expense, $370. in 09 3. Summarize the adjusting journal entries in T-accounts. After enter balances, prepare an adjusted trial balance as of December 31 nning balances and computing the adjusted ending Complete this question by entering your answers in the tabs T Accounts Adjusted Summarize the adjusting journal entries in T-accounts. After entering the beginn computing the adjusted ending balances Prepaid Rent Rent Expense Beg Bal End Bal TTTT Accumulated Depreciation Depreciation Expense Beg Bal. TUTTI Beg Bal SHELT End Bal Accounts Payable Utilities Expense Beg Bal Accumulated Depreciation Depreciation Expense Beg. Bal. Beg. Bal. End. Bal. End. Bal. Accounts Payable Utilities Expense Beg. Bal. Beg. Bal. End. Bal. End. Bal. Income Tax Payable Income Tax Expense Beg. Bal. Beg. Bal. End Bal End. Bal. Required information T Accounts Adjusted TB Prepare an adjusted trial balance as of December 31 NORTH STAR Adjusted Trial Balance Account Titles Debit Credit Totals