The following information is available for Ludwig Inc on October 31 for the month just ended a $2.200 of the 55400 consulting fees paid to Ludwig Inc in advance has not yet been eamed b Equipment purchased at the start of the month for $31.500 is estimated to have a useful life of five years After this time, the equipment will be sold for 56.000 This month's advertising bill for 58,000 is unrecorded and unpaid d The monthly depreciation on the building is 5350 $200 of the rent paid in advance has been used Prepare the required adjusting entries at October 31, 2014 Enter the transaction letter as the description when entering the transactions in the journal Dates must be entered in the format damm (0. January 18 would be 14Jan) General Page Ga Date Account Explanation F Debt Creat 31d Cash