The trial balance of Unity company for December, 31, 1991. Includes, among other items, the following account balances. Debits Credits Office supplies on hand .....................Birr ....6000 Prepaid rent....................................Birr...25,200 Buildings.......................................Birr. 200,000 Accumulated depreciation-building..................................Birr 33,250 Salaries expense...............................Birr 124,000 Unearned delivery fees.................................................Birr....4,000 Additional Data: Part of the supplies represented by the birr, 6000 balance of the office supplies on land account have been consumed. An inventory count of the supplies actually on hand at Dec.31 totaled to Birr 2,400.00. On May 1 of the current year, a rental payment of Birr 25,200.00 was made for 12 months of rent, it was debited to prepaid rent. The annual depreciation for the building s account less an estimated salvage value of Birr 10,000.00. the estimated useful lives of the buildings are 40 years each. The salaries expense of Birr, 124,000.00 does not include birr 6,000.00 of unpaid salaries earned since the last payday. One fourth of the unearned delivery fees have been earned by Dec. 31 Delivery services of birr 600.00 were performed for customer, but a bill has not yet been sent. Required: prepare the adjusting journal entries for December 31, assuming adjusting entries are prepared only of year-end based on the adjusted balances shown in the accumulated depreciation-building account, how many years has Unity Company owned the building Additional to Model Examination Abebe is a barber who does his own accounting for his shop. When he buys supplies he routinely debits supplies. Abebe purchased Br. 1, 500 supplie4s in Jan. and his inventory at the end of Jan. shows Br. 600 of supplies remaining. What Adjusting entry should be Abebe make on Jan 31.2 Atalay is a lawer who requires that his clients pay him inadvance of legal services rendered. Atalay routinely credits legal fees earned when his clients pay him in advance. In June. Atalay collected Br. 8, 000 in advance fees and completed 75% of the work related to these fees. What adjusting entry is required by Atalay's firm at the end of June?