The following additional information is available for the month just ended: C. a. Depreciation of $100 per month will be taken on the furniture b. It is estimated that the store-equipment will have a $ 1,000 value at the end of its estimated five-year (or 60 -month) useful life. Joanne will record a full month of depreciation for August. It was determined that the balance in unearned service revenue at August 31 should be $420 d. The prepaid insurance represents six months of Insurance beginning August 1. On August 31, The Cutlery provided $ 130 of services to a client who will pay in September. f. On August 31, Joanne received the business' August cell phone bill totalling $ 50. It will be paid in September. e. Required 1. Prepare the adjusting entries needed on August 31, 2017, to record the previously unrecorded items. Smarks 2. Prepare T-Accounts for accounts affected by the adjusting entries. Post the adjusting entries to the T-Accounts 5 marks 3. Prepare a adjusted trial balance 10 marks The following additional information is available for the month just ended: C. a. Depreciation of $100 per month will be taken on the furniture b. It is estimated that the store-equipment will have a $ 1,000 value at the end of its estimated five-year (or 60 -month) useful life. Joanne will record a full month of depreciation for August. It was determined that the balance in unearned service revenue at August 31 should be $420 d. The prepaid insurance represents six months of Insurance beginning August 1. On August 31, The Cutlery provided $ 130 of services to a client who will pay in September. f. On August 31, Joanne received the business' August cell phone bill totalling $ 50. It will be paid in September. e. Required 1. Prepare the adjusting entries needed on August 31, 2017, to record the previously unrecorded items. Smarks 2. Prepare T-Accounts for accounts affected by the adjusting entries. Post the adjusting entries to the T-Accounts 5 marks 3. Prepare a adjusted trial balance 10 marks