The unadjusted trial balance of Ashton Air Purification System at December 31, 2024, and the data needed for the adjustments follow (Click the icon to view the trial balance.) (Click the icon to view the adjusting entry information.) Read the requirements Requirement 1. Journalize the adjusting entries on December 31. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) a. On December 15, Ashton contracted to perform services for a client receiving $2,600 in advance. Ashton recorded this receipt of cash as Uneared Revenue. As of December 31, Ashton has completed $1,700 of the services. Date Accounts and Explanation Debit Credit (a) Dec. 31 Adjustment data at December 31 follow: a. On December 15, Ashton contracted to perform services for a client receiving $2,600 in advance. Ashton recorded this receipt of cash as Unearned Revenue. As of December 31, Ashton has completed $1,700 of the services. b. Ashton 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. Ashton used $450 of office supplies. d. Depreciation for the equipment is $400. e. Ashton received a bill for December's online advertising, $850. Ashton will not pay the bill until January. (Use Accounts Payable.) f. Ashton pays its employees on Monday for the previous week's wages. Its employees earn $2,500 for a five-day workweek. December 31 falls on Tuesday this year. g. On October 1, Ashton agreed to provide a four-month air system check (beginning October 1) for a customer for $1,600. Ashton has completed the system check every month, but payment has not yet been received and no entries have been made. Ashton Air Purification System Unadjusted Trial Balance December 31, 2024 Balance Debit Credit Account Title Cash $ 7,900 19,100 2,400 Accounts Receivable Prepaid Rent Office Supplies Equipment Accumulated Depreciation Equipment 1,900 19,600 $ 4,300 Accounts Payable 3,600 Salaries Payable linearned Revenue 2.600 $ 4,300 3,600 Accumulated Depreciation Equipment Accounts Payable Salaries Payable Unearned Revenue 2,600 39,500 Ashton, Capital Ashton, Withdrawals 9,500 15,700 3,900 Service Revenue Salaries Expense Rent Expense Depreciation Expense-Equipment Advertising Expense 1,400 Supplies Expense $ 65,700 $ 65,700 Total 1 Requirements 1. Journalize the adjusting entries on December 31. 2. The T-accounts, along with their unadjusted balances have been opened for you. Post the adjusting entries to the T-accounts. 3. Prepare the adjusted trial balance. 4. How will Ashton Air Purification System use the adjusted trial balance