XY Merchandising Company was established on January 1, 2018. As of December 31, 2018, the following additional information is available:

$5.000 of Office Supplies has been used. Accrued interest revenue is $10.000. $15.000 of prepaid rent has expired as of December 31, 2018. As of December 31, 2016, $20.000 of the Unearned Service Revenue is earned.

Question:

1) Find the Marketing Expense for the year of 2018 (Write all the accounts to debit or credit sides while considering their nature. The total of debit and credit sides should be equal.)

2) Prepare and journalize the adjusting entries.

3) Prepare the adjusted trial balance.

Unadjusted Trial Balance December 13, 2018 Account Balance Bank 499.200 Interest Payable 480.000 Bank Loan (5 years) 1.472.00 0 Notes Receivable 896.000 2.880.00 Service Revenue 0 Cost of Service 1.536.00 0 Office Supplies 57.600 Accumulated Depreciation (Building) 896.000 Equipment 704.000 Marketing Expense ???? 1.280.00 Building 0 Depreciation Expense (Building) 192.000 Interest receivable 240.000 Note payable (3 years) 800.000 Cash 89.600 Profit from sale of equipment 19.200 Account Receivable 364.800 Capital 2.464.00 0 614.400 448.000 160.000 Utilities Expense Accounts Payable Bank Loan (1 year) Rent Expense Prepaid Rent Interest Expense 336.000 160.000 153.600 Accumulated Depreciation (Equipment) Service discount 576.000 80.000 Land 2.560.00 0 512.000 160.000 Depreciation Expense (Equipment) Interest Revenue Insurance Expense Unearned Service Revenue 112.000 224.000