The Harris Company unadjusted trial balance appears as follows: Harris Company Trial Balance December 31, 20XX...

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The Harris Company unadjusted trial balance appears as follows: Harris Company Trial Balance December 31, 20XX Cash Accounts Receivable Prepaid Rent Prepaid Insurance Office Supplies Office Equipment Accumulated Depreciation, Office Equipment Accounts Payable Unearned Service Revenue J. Harris, Capital J. Harris, Withdrawal Service Revenue Salaries Expense Rent Expense Utilities Expense 25,000 40,000 5,000 1,900 650 2,850 200 32,100 7,000 3.200 117,900 a) There is $250 of office supplies on hand. b) Insurance in the amount of $1,200 has expired. c) All of the unearned revenue, $1,500, has been earned. d) Depreciation expense for the office equipment is $200. 400 12,000 1,500 29,000 75,000 59 117,900 Required: 1. Record the adjusting entries in the general journal. 2. Open the ledger accounts as indicated by the trial balance and those necessary to process the adjusting entries. Cash-110, Accounts Receivable - 120, Prepaid Rent-130, Prepaid Insurance - 140, Office Supplies - 150, Office Equipment - 160, Accumulated Depreciation, Office Equipment - 161, Accounts Payable - 210, Unearned Service Revenue - 220, J. Harris, Capital - 310, J. Harris, Withdrawals - 320, Service Revenue - 410, Salaries Expense - 510, Rent Expense - 520, Utilities Expense - 530, Office Supplies Expense - 540, Insurance Expense - 560, Depreciation Expense, Office Equipment - 570. 3. Record the balances of the trial balance in the general ledger. 4. Post the adjusting entries to the general ledger. 5. Prepare an adjusted trial balance. 6. Prepare an income statement, statement of owner's equity and balance sheet for 12/31/XX. The Harris Company unadjusted trial balance appears as follows: Harris Company Trial Balance December 31, 20XX Cash Accounts Receivable Prepaid Rent Prepaid Insurance Office Supplies Office Equipment Accumulated Depreciation, Office Equipment Accounts Payable Unearned Service Revenue J. Harris, Capital J. Harris, Withdrawal Service Revenue Salaries Expense Rent Expense Utilities Expense 25,000 40,000 5,000 1,900 650 2,850 200 32,100 7,000 3.200 117,900 a) There is $250 of office supplies on hand. b) Insurance in the amount of $1,200 has expired. c) All of the unearned revenue, $1,500, has been earned. d) Depreciation expense for the office equipment is $200. 400 12,000 1,500 29,000 75,000 59 117,900 Required: 1. Record the adjusting entries in the general journal. 2. Open the ledger accounts as indicated by the trial balance and those necessary to process the adjusting entries. Cash-110, Accounts Receivable - 120, Prepaid Rent-130, Prepaid Insurance - 140, Office Supplies - 150, Office Equipment - 160, Accumulated Depreciation, Office Equipment - 161, Accounts Payable - 210, Unearned Service Revenue - 220, J. Harris, Capital - 310, J. Harris, Withdrawals - 320, Service Revenue - 410, Salaries Expense - 510, Rent Expense - 520, Utilities Expense - 530, Office Supplies Expense - 540, Insurance Expense - 560, Depreciation Expense, Office Equipment - 570. 3. Record the balances of the trial balance in the general ledger. 4. Post the adjusting entries to the general ledger. 5. Prepare an adjusted trial balance. 6. Prepare an income statement, statement of owner's equity and balance sheet for 12/31/XX.