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Accounting

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Fhead the isqucerenth Requi emeit 1. Pricare be afinted triy balance Hericin He iefour miconti Requirements 1. Whumilere the adunby anties in Qecember 31 2. The iour critumh bidger accounts hive beee optned lor we ining El 1. Thepere tow socuster bir belunce More info Ahinhertinte ad becester 3t hice Data table Requirement 3. Prepare the adjusted trial balance. Review the ledger accounts. Farrolton inn Company Adjusted Trial Balance December 31,2024 Balance Account Title Debit Credit Data table Requirements 1. Journalize the adjusting entries on December 31. 2. The four-column ledger accounts have been opened for you using the unadjusted trial balance. Post the adjusting entries to the ledger accounts. 3. Prepare the adjusted trial balance. 4. Assuming the adjusted trial balance has total debits equal to total credits, does this mean that the adjusting entries have been recorded correctly? Explain. More info Adjustment data at December 31 follow: a. As of December 31, Farrolton had $650 of Prepaid Insurance remaining. b. At the end of the month, Farrolton had $800 of office supplies remaining. c. Depreciation on the building is $3,200. d. Farrolton pays its employees weekly on Friday. Its employees earn $1,600 for a five-day workweek. December 31 falls on Tuesday this year. e. On November 20, Farrolton contracted to periorm services for a client receiving $2,500 in advance. Farrolton recorded this receipt of cash as Unearned Revenue. As of December 31, Farrolton has $800 still unearned

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