the beginning balance in the Unearned Revenue T-account and the additional unearned revenue in the Service Revenue T-account. 3. Compare the ending balances of the T accounts under both approaches. Are they the same? > Problems Group A P3-33A Journalizing adjusting entries and subsequent journal entries Learning Object Laughter Landscaping has collected the following data for the December 31 adjusting entries: a. Each Friday, Laughter pays employees for the current week's work. The amount of the weekly payroll is $8,000 for a five-day workweek. This year, December 31 falls on a Tuesday. Laughter will pay its employees on January 3. b. On January 1 of the current year, Laughter purchases an insurance policy that covers two years, $8,000. The ha tab 3. Adjusted trial balance total 575,600 caps lock P1.35A Journalizing and posting adjustments to the T-accounts and preparing Learning Objectives 3,4 d trial balance Air Purification System at December 31, 170 chapter 3 shitt e. The beginning balance of Office Supplies was $4,300. During the year, Laughter purchased office supplies for $5,4k0, and at December 31 the office supplies on hand total $1,500 in d. During Decomber, Laughter designed a landscape plan and the client prepaid $6,500, Laughter recorded this amount as Uncarned Revenue. The job will take several months to complete, and Laughter estimates that the company has earned 40% of the total revenue during the current year. e. At December 31, Laughter had earned $3,000 for lanlscape services completed for Turnkey Appliances Turnkey has stated that it will pay Laughter on January 10. . Depreciation for the current year includes Equipment, $3000, and Trucks, $2,200 g Laughter has incurred $250 of interest espense on a $550 intcrest payment duc on January 15. Requirements 1. Journalize the adjusting entry needed on December 31 for each of the previous items affecting Laughter Landscaping Assume Laughter records adjusting entries only at the end of the year 2. Jounalize the subsequent journal entries for adjusting entries a d and g