The unadjusted trial balance for Sheep Company at October 31, 2039 is as follows: SHEEP COMPANY Unadjusted Trial Balance Year Ended October 31, 2039 Debit Credit Accounts Receivable Prepaid rent 2,200 Equipment Accumulated depreciation equipment $17,000 Bank overdraft 6,000 Accounts Payable 9,800 Note Payable K. Sheep, capital 99,000 K. Sheep, drawings Service revenue 102,800 Promotion expense 27,000 Insurance expense 5,000 Rent expense Salaries expense 15,000 36,700 Maintenance expense Totals The following information was prepared by Sheep Company's controller to help prepare the October 31, 2039 adjusting entries: o= Required: 6,000 $247,000 $247,000 The company has earned revenue totaling $6,000 that has not been invoiced. The expired portion of prepaid rent is $750. The earned portion of the Unearned revenue at October 31, 2039 is $2,750 Depreciation expense for the Equipment has been calculated as $12,000. Employees have earned but have not been paid salaries of $6,800. a) Prepare the adjusting entries that Sheep Company should record at the year ended October 31, 2039. b) Prepare the appropriate reversing entries relating to the adjustments made in (a) above