t had not recorded the adjusting entries, indicate which specific category nts on the financial statements would be misstated and if the misstatement is overstated or understated. Use the following table as a guide. Specific Category of Accounts on the Balance Sheet Over / Understated Specific Category of Accounts on the Over Income Statement Adjusting Entry Understated P3-35A Journalizing and posting adjustments to the T-accounts and preparing an Lear adjusted trial balance 3. Ad The unadjusted trial balance of Aurora Air Purification System at December 31,2016, total and the data needed for the adjustments follow. AURORA AIR PURIFICATION SYSTEM Unadjusted Trial Balance December 31, 2016 Balance Debit s 7,800 19,800 2,600 1,100 19,900 Account Title Credit Cash Accounts Receivable Prepaid Rent Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable s 4,100 3,000 Salaries Payable Unearned Revenue 2,800 39,600 Aurora, Capital Aurora, Withdrawals 9,300 Service Revenue 15,400 Salaries Expense 3,100 Rent Expense Depreciation Expense-Equipment Advertising Expense 1,300 Supplies Expense Total S 64,900 64,900 hc s ysteii che , E pyment has not yet been recived and no entries have bee mud Requirements 1. Journalize the adjusting entries on December 31. . Using the unadjusted trial balance, open the T-accounts with the unadjusted balances. Post the adjusting entries to the T-accounts. 3. Prepare the adjusted trial balance. 4. How will Aurora Air Purification System use the adjusted trial balance t had not recorded the adjusting entries, indicate which specific category nts on the financial statements would be misstated and if the misstatement is overstated or understated. Use the following table as a guide. Specific Category of Accounts on the Balance Sheet Over / Understated Specific Category of Accounts on the Over Income Statement Adjusting Entry Understated P3-35A Journalizing and posting adjustments to the T-accounts and preparing an Lear adjusted trial balance 3. Ad The unadjusted trial balance of Aurora Air Purification System at December 31,2016, total and the data needed for the adjustments follow. AURORA AIR PURIFICATION SYSTEM Unadjusted Trial Balance December 31, 2016 Balance Debit s 7,800 19,800 2,600 1,100 19,900 Account Title Credit Cash Accounts Receivable Prepaid Rent Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable s 4,100 3,000 Salaries Payable Unearned Revenue 2,800 39,600 Aurora, Capital Aurora, Withdrawals 9,300 Service Revenue 15,400 Salaries Expense 3,100 Rent Expense Depreciation Expense-Equipment Advertising Expense 1,300 Supplies Expense Total S 64,900 64,900 hc s ysteii che , E pyment has not yet been recived and no entries have bee mud Requirements 1. Journalize the adjusting entries on December 31. . Using the unadjusted trial balance, open the T-accounts with the unadjusted balances. Post the adjusting entries to the T-accounts. 3. Prepare the adjusted trial balance. 4. How will Aurora Air Purification System use the adjusted trial balance
