The unadjusted trial balance as at 31 December 2021 had been extracted from the ledger of Cruise Travel. Cruise Travel Trial Balance at 31 December 2021 Supplies Prepaid insurance Equipment, at cost Accumulated depreciation - equipment Accounts payable Interest payable Unearned service revenue Notes payable, long-term Tom, capital Tom, withdrawals Service revenue Salaries expense Interest expense Cash Accounts receivable Utilities expense Dr. Cr. $9,740 12,600 111,600 $18,360 77,800 600 20,180 20,000 41,400 90,600 202,260 57,060 640 38,700 51,060 8,600 $380,600 $380,600 Necessary adjustments at 31 December 2021 include: (1) Depreciation for the year: equipment, $14,600. (2) Supplies used during the year, $7,160. (3) Prepaid insurance expired during the year, $6,200. (4) Accrued interest expense (not yet paid), $1,380. (5) Accrued service revenue (not yet received), $1,880. (6) Unearned service revenue earned during the year, $15,580. Required: (a) (b) Journalize the adjusting entries. (Explanations not required) Prepare an income statement for the year ended 31 December 2021 and a balance sheet as at 31 December 2021.