The given trial balance of Badger Ranch Company pertains to December 31, 2016, which is the end of its year-long accounting period. Data needed for the adjusting entries include:

a. Supplies on hand at year-end, $3,000.

b. Depreciation on furniture and fixtures, $40,000.

c. Depreciation on building, $25,000.

d. Salaries owed but not yet paid, $4,000.

e. Accrued service revenue, $18,000.

f. Of the $45,000 balance of unearned service revenue, $32,000 was earned during the year.

g. Accrued income tax expense, $30,000.

	Badger Ranch Company Trial Balance December 31, 2016	DEBIT ($)	CREDIT ($)
1	Cash	198,000
2	Accounts receivable	370,000
3	Supplies	6,000
4	Building	250,000
5	Accumulated depreciationbuilding		130,000
6	Furniture and fixtures	100,000
7	Accumulated depreciationfurniture and fixtures		40,000
8	Accounts payable		380,000
9	Salary payable
10	Unearned service revenue		45,000
11	Income tax payable
12	Common stock		100,000
13	Retained earnings		193,000
14	Dividends	65,000
15	Service revenue		286,000
16	Salary expense	172,000
17	Supplies expense
18	Depreciation expensebuilding
19	Depreciation expensefurniture and fixtures
20	Income tax expense
21	Miscellaneous expense	13,000
22	TOTAL	1,174,000	1,174,000

Requirements

1. Journalize the Badger Ranch Company adjusting entries at December 31, 2016.

2. Open the ledger accounts with their unadjusted balances. Post the adjusting entries to the accounts.