Student Full English Name:Student ID: 2. Adjusting entries -Part I Kinokawa Consultants Business Trial Balance on December 31, 2014, follows. This is a proprietorship's trial balance. K.Wah, capital and withdrawal are two accounts under equity section. Kinokawa Consultants Trial Balance December 31, 2014 Cash Debit Credit 12,786 24,840 Accounts Receivable Office Supplies... Prepaid Rent Office Equipment. Accumulated Depreciation-Office Equipment Accounts Payable Notes Payable 1,400 6,700 S 1,600 1,820 10,000 2,860 29,387 ?.wah. Capital. K.Wah, Withdrawal/Drawings Service Revenue Salaries Expense Utilities Expense.... Rent Expense 33,000 8,500 1,750 S104.167 S104.167 The following information is also available a. Ending inventory of office supplies, $86 b. Prepaid rent expired, $700 c. Depreciation of office equipment for the period, $600 d. Interest accrued on the notes payable, $600 c. Salaries accrued at the end of the period, $200 f. Service revenue still uneamed at the end of the period, $1,410 g. Service revenue earned but not billed, S600 Required: L Open T account for the accounts in the trial balance plus the following: Interest Payable; Salaries Payable; Office Supplies Expense: Depreciation Expense-Office Equipment: and Interest Expense. Enter all the account balances 2. Prepare the adjusting journal entries and post them to the T-accounts. 3. Prepare an adjusted trail balance. 4. Which financial statements (i.e., balance sheet, income statement, statement of owner's equity and statement of cash flows) do each of the above adjustments affect? What financial statement is not affected by the adjustments