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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

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 endling December 31. Account Titles Cash Dobit $ 11,908 Credit Prepaid Rent Common Stock Accounts Receivable Equipment Accumulated Depreciation Accounts Payable Income Tax Payable 5,900 2,380 20,900 $1,118 a Retained Earnings Sales Revenue 24,788 2,000 40,468 Salaries and Mages Expense Utilities Expense 24,988 12,488 Rent Expense Depreciation Expense Income Tax Expense Totals $ 78,388 $ 78,380 Other dats not yet recorded at December 31: a. Rent expired during the year, $1,190. b. Depreciation expense for the year, $1,110. c. Utilities used and unpaid, $8,900. d. Income tax expense, $300 Required: 3. Post the beginning balances and adjusting entries to the following T-accounts. After entering the beginning balances 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 Post the beginning balances and adjusting entries to the following T-accounts. Debit Beginning Balance Ending Balance Prepaid Rent Credit Rent Expence Debit Credit Beginning Balance Ending Balance Accumulated Depreciation Depreciation Expense Debit Credit Debit Beginning Balance Credit Beginning Balance Ending Balance Ending Balance Accounts Payable Utitles Expense Debit Credit Debit Credit Beginning Balance Beginning Balance Ending Balance Ending Balance Income Tax Payable Income Tax Expense Debit Credit Debit Credit Beginning Balance Beginning Balance Ending Balance Ending Balance < TAccounts Adjusted TB >

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