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table format. typing Question #4: 25 points Presented below is the Trial Balance and the Adjusted Trial Balance side by side for Walnut Creek Building

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table format. typing

Question #4: 25 points Presented below is the Trial Balance and the Adjusted Trial Balance side by side for Walnut Creek Building Maintenance Company on December 31, 2020. Walnut Creek Building Maintenance Company Trial Balance December 31,2020 Before Adjustment Dr. Cr. $ 3,000 2,800 2.100 1,200 18,000 After Adjustment Dr. Cr. $ 3,000 3,700 1,500 700 18,000 $ 1,300 2,700 10,000 Cash Accounts Receivable Prepaid Rent Supplies Equipment Accumulated Depreciation- Equipment Accounts Payable Notes Payable Interest Payable Salaries and Wages Payable Unearned Service Revenue Common Stock Dividends Service Revenue Salaries and Wages Expense Utilities Expense Rent Expense Supplies Expense Depreciation Expense Interest Expense Totals $ 1,500 3,000 10,000 120 800 4,060 8,200 4,460 8,200 3,200 3,200 8,000 9,300 2,060 1,800 500 2,860 2,100 1,100 500 200 120 $36.980 $34.660 $34.660 $36.980 Instructions: Prepare in journal entry form, the adjusting entries that account for the changes between the initial balances in the Trial Balance and the final balances in the Adjusted Trial Balance. Here is a jump start on the first adjusting entry: Accounts Receivable. Service Revenue Debit 900 Credit 900 Notice the above adjusting entry accounts for the increase in the Accounts Receivable from the Trial Balance to the Adjusted Trial Balance, however, the above entry does Not completely account for the increase in Service Revenue, therefore another adjusting entry will be needed. Again: be sure to prepare your adjusting journal entries in good form with proper format

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