The unadjusted trial balance of Anniston Air Purification System at December 31, 2024, and the data needed for the adjustments follow. ANNISTON AIR PURIFICATION SYSTEM Unadjusted Trial Balance December 31, 2024 Account Title Cash Accounts Receivable Prepaid Rent Office Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Unearned Revenue Balance Debit Credit $ 7,600 19,700 2,900 1,800 22,000 $ 3,900 2.900 3,100 common Stock 43.800 Dividends 9,900 Service Revenue 15,300 Balance Account Title Debit Credit $ 7,600 19,700 2,900 1,800 22,000 Cash Accounts Receivable Prepaid Rent Office Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Unearned Revenue Common Stock $ 3,900 2,900 3,100 43,800 Dividends 9,900 15,300 3,300 Service Revenue Salaries Expense Rent Expense Depreciation Expense-Equipment Advertising Expense Supplies Expense Total 1,800 $ 69,000 $ 69,000 a. On December 15, Anniston contracted to perform services for a client receiving $3,100 in advance. Anniston recorded this receipt of cash as Unearned Revenue. As of December 31, Anniston has completed $2,100 of the services. b. Anniston prepaid two months of rent on December 1. (Assume the Prepaid Rent balance as shown on the unadjusted trial balance represents the two months of rent prepaid on December 1.) c. Anniston used $750 of office supplies. d. Depreciation for the equipment is $850. e. Anniston received a bill for December's online advertising, $1,100. Anniston will not pay the bill until January (Use Accounts Payable.) f. Anniston pays its employees on Monday for the previous week's wages. Its employees earn $5,250 for a five-day workweek. December 31 falls on Tuesday this year. e. Anniston received a bill for December's online advertising, $1,100. Anniston will not pay the bill until January. (Use Accounts Payable.) f. Anniston pays its employees on Monday for the previous week's wages. Its employees earn $5,250 for a five-day workweek. December 31 falls on Tuesday this year. g. On October 1, Anniston agreed to provide a four-month air system check (beginning October 1) for a customer for $3,400. Anniston has completed the system check every month, but payment has not yet been received and no entries have been made. Requirements 1. Journalize the adjusting entries on December 31. 2. Using the unadjusted trial balance, open the T-accounts with the unadjusted balances. Post the adjusting entries to the T accounts 3. Prepare the adjusted trial balance.
