The unadjusted trial balance $($TB tab$)$ is for Salah Construction Company as of December $31,2022.$

REQUIRED:

$1.$ Complete the work sheet for $2022,$ starting with the unadjusted trial balance and including adjustments based on these additional facts.

a$.$ The supplies available at December $31$ were $$5,250.$

b$.$ The cost of expired prepaid insurance for $2022$ was $$3,600.$

c$.$ Annual depreciation on equipment is $$20,000.$

d$.$ The December utilities expense of $$2,500$ is not included in the unadjusted trial balance because the bill arrived after the trial balance was prepared. The $$2,500$ amount owed needs to be recorded.

e$.$ The Company's employees have earned $$8,000$ of accrued and unpaid wages at December $31,2022.$

f$.$ The rent expense incurred and not yet paid or recorded at December $31$ was $$3,000.$

g$.$ The Company entered into a contract on November $1$ to demolish two bulidings at a cost of $$24,000$ a building. On November $1,$ the Company received the cash in advance for the total contract value of $$48,000$ and properly credited the unearned demolition fees account. At December $31,$ a review of the work performed to date, supports that one of the two bulidings has been demolished and the revenue on that building has been earned.

h$.$ On December $31,2022,$ the Company completed a consulting project and earned $$30,000$ in revenue. The amount will be billed in January $2023.$

$2.$ Using information from the completed $10-$column work sheet in Part $1($TB Tab$),$ journalize the adjusting entries $($AJE Tab$).$