Richard and Sons' Law Offices opened on January 1, 2022. During the first year of business, the company had the Richard's unadjusted tal balance at December 31, 2022 is as follows Requirement a. Journalize and post adjusting journal entries for Richard (Recont debts first, then credits Eachute explanations from any joumal entries) Begin by preparing the adjusting joumal entries Adjusting entry 1 (AJE1): Account Unearned Service Revenue Service Revenue Adjusting entry 2 (AJE2): Account Insurance Expense December 31 180,000 December 31 8,250 Prepaid Insurance Adjusting entry 3 (AJE3): Account Depreciation Expense-Building Accumulated Depreciation-Building Adjusting entry 4 (AJE4): Account Supplies Expense Office Supplies December 31 3,250 December 31 45,000 180,000 8,250 3,250 45,000 Adjusting entry 3 (AJE3): Account Depreciation Expense-Building Accumulated Depreciation-Building Adjusting entry 4 (AJE4): December 31 3,250 Account Supplies Expense Office Supplies Adjusting entry 5 (AJE5): Account Interest Expense Interest Payable Adjusting entry 6 (AJE6): Account Wage Expense Wages Payable December 31 45,000 December 31 4,550 December 31 24,000 3,250 45,000 4,550 24,000 Cash Office Supplies Unadj. Bal. 919,200 Unadj. Bal. 50,000 Prepaid Insurance Building Unadj. Bal. 19,800 Unadj. Bal. 65,000 Accumulated Depreciation-Building Deferred Service Revenue 360,000 Unadj. Bal. Wages Payable Notes Payable 65,000 Unadj. Bal. Unadj. Bal Wages Payable Notes Payable Interest Payable 65,000 Unadj. Bal. Common Stock 400,000 Unadj. Bal. Dividends Service Revenue. 13,000 298,000 Unadj. Bal. Unadj. Bal. Wage Expense 50,000 Insurance Expense. Unadj. Bal. 13,000 298,000 Unadj. Bal. Wage Expense Insurance Expense Unadj. Bal. 50,000 Unadj. Bal. Utilities Expense 6,000 Supplies Expense Depreciation Expense-Building Interest Expense