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Question #4: 25 points Presented below is the Trial Balance and the Adjusted Trial Balance for Stabler Company on December 31. STABLER COMPANY Trial Balance December 31 Before Adjustment Dr. Cr $ 3,000 2,800 2,100 1,200 18,000 After Adjustment Dr. Cr. $ 3,000 3,700 1,500 700 18,000 $ 1,300 2,700 10,000 Cash Accounts Receivable Prepaid Rent Supplies Equipment Accumulated Depreciation- Equipment Accounts Payable Notes Payable Interest Payable Salaries and Wages Payable Unearned Service Revenue Common Stock Dividends Service Revenue Salaries and Wages Expense Utilities Expense Rent Expense Supplies Expense Depreciation Expense Interest Expense Totals $ 1,500 3,000 10,000 120 800 4,060 8,200 4,460 8,200 3,200 3,200 8,000 9,300 2,060 1,800 500 2,860 2,100 1,100 500 200 120 $36.980 $34.660 $34.660 $36.980 Instructions: Prepare in journal entry form, the adjusting entries that account for the changes between the initial balances in the Trial Balance and the final balances in the Adjusted Trial Balance Here is a jump start on the first adjusting entry: Debit Credit Accounts Receivable. 900 Service Revenue 900 Notice: this adjusting entry accounts for the increase in the Accounts Receivable going from the Trial Balance to the Adjusted Trial Balance. Very important but it does Not completely account for the increase in Service Revenue therefore there is still another adjusting.entry in the puzzle. Again be sure to prepare your adjusting journal entries in good form and proper format

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