Taylor Consultants had the following balances before preparing adjusting entries in the books on December 31, 2020.

Cash $6,000 Taylor, Withdrawals $3,000

Accounts Receivable 2,000 Service Revenue 10,600

Office Supplies 1,800 Salaries Expense 4,000

Equipment 15,000 Rent Expense 800

Accum. Depreciation, Equipment 9,000 Depreciation Expense, Equipment 1,500

Taylor, Capital 15,000 Supplies Expense 500

1. Open T accounts for the unadjusted trial balances above and journalize the following adjusting entries:

a. Office Supplies used $800.

b. Accrued salaries on December 31, $600.

c. Revenue earned but not recorded, $200.

2. Post the adjusting entries to the T- Accounts and prepare an Adjusted Trial Balance

3. Prepare the Income Statement, Statement of Owners Equity, and Balance Sheet.