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The following are the trial balance and the other information related to Vaughn Perez, a consulting engineer. VAUGHN PEREZ, CONSULTING ENGINEER TRIAL BALANCE DECEMBER 31, 2017 Debit Credit Cash $29,500 Accounts Receivable 53,600 Allowance for Doubtful Accounts $819 Supplies 1,660 Prepaid Insurance 1,630 Equipment 34,700 Accumulated Depreciation-Equipment 8,675 Notes Payable 7,200 Owners Capital 32,001 Service Revenue 119,272 Rent Expense (13 months of rent) 10,647 Salaries and Wages Expense 33,540 Utilities Expenses 1,930 Office Expense 760 Totals $167,967 $167,967 1. Fees received in advance from clients $5,740, which were recorded as revenue. 2. Services performed for clients that were not recorded by December 31, $4,895. 3. Bad debt expense for the year is $1,461. 4. Insurance expired during the year $483. 5. Equipment is being depreciated at 10% per year. 6. Vaughn Perez gave the bank a 90-day, 10% note for $7,200 on December 1, 2017. 7. Rent of the building is $819 per month. The rent for 2017 has been paid, as has that for January 2018, and recorded as Rent Expense. 8. Office salaries and wages earned but unpaid December 31, 2017, $2,671.

From the trial balance and other information given, prepare annual adjusting entries as of December 31, 2017. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.) No. Account Titles and Explanation Debit Credit 1. 2. 3. 4. 5. 6. 7. 8.

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