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The unadjusted trial balance for People First as December 3 1 is provided on the trial balance tab. Information for adjustments is as follows: a

The unadjusted trial balance for People First as December 31 is provided on the trial balance tab.
Information for adjustments is as follows:
a. As of December 31, employees had earned $1,800 of unpaid and unrecorded salaries. The next payday is January 4, at which time $2,250 of salaries will be paid.
b. Cost of supplies still available at December 31 total is $2,000.
c. An interest payment is made every three months. The amount of unrecorded accrued interest at December 31 is $2,300. The next interest payment, at an amount of $2,760, is due on January 15.
d. Analysis of Unearned Revenue shows $2,000 remaining unearned at December 31.
e. Accrues $10,800 of revenue for services provided. Payment will be collected on January 31.
f. Depreciation expense is $21,200.
\table[[Requirement,\table[[General],[Journal]],\table[[General],[Ledger]],Trial Balance,\table[[Income],[Statement]],\table[[St Owners],[Equity]],Balance Sheet,Post Closing]]
General Journal tab - Prepare any necessary adjusting and closing entries for the current fiscal year.
General Ledger tab - Each journal entry is posted automatically to the general ledger. Use the drop-down button to view the unadjusted, adjusted, or post-closing balances.
Trial Balance tab-You may view the unadjusted, adjusted, or post-closing trial balances by choosing from the dropdown box below. Your choice will determine the reported values on the financial statement tabs.
Income Statement tab - Use the drop-downs to select the accounts properly included on the income statement.
The unadjusted, adjusted or post-closing balances will appear for each account, based on your selection.
Statement of Owner's Equity tab - The unadjusted, adjusted or post-closing balances will appear for each account, based on your selection.
Balance Sheet tab - Use the drop-downs to select the accounts properly included on the baijance sheet. The unadjusted, adjusted or post-closing balances will appear for each account, based on your selection.
Post-Closing tab - Use the drop-downs to indicate whether each account is included on the post-closing trial balance.
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