use t-accounts to show balance before and after adjustments

indicated oms holders Marathon Magazine, Inc., has the following account balances, among others, in its trial balance at December 31 of the current year: all Required Problery 3-2) Prepare adjusting entries and post to ledger accounts (LO.4) Additional data Debits Credits Supplies on Hand $4,650 Prepaid Rent 16,800 Unearned Subscription Fees $24,000 Subscriptions Revenue 261,000 Salaries Expense 123.000 1. The inventory of supplies on hand at December 31 amounts to $720. 2. The balance in the Prepaid Rent account is for a one-year period starting April 1 of the current year. 3. One-third of the $24,000 balance in Unearned Subscription Fees has been earned. 4. Since the last payday, the employees of the company have earned additional salaries in the amount of $7,420 a. Prepare the year-end adjusting journal entries at December 31. Assume you used page 22 of the general journal to record the journal entries. b. Open ledger accounts for each of the accounts involved, enter the balances as shown in the trial balance, post the adjusting journal entries, and calculate year-end balances. for the Call Required Prepare the annual year-end adjusting journal entries at December 31