Based on the unadjusted trial balance for Highlight Styling and the adjusting information given

below, prepare the adjusting joumal entries for Highlight Styling and adjusted trial balance $.$

Highlight Stylings' unadjusted trial balance for the current year follows:

Highlight Styling

Trial Balance

December $31$

Cash.

Prepaid insurance

Shop supplies

Shop equipment

$$2,200$

Accumulated depreciation$-$shop equipment

Building

Accumulated depreciation$-$building

Land

$1,680$

$790$

$3,860$

Unearned rent.

Long$-$term notes payable.

Common stock

Retained earnings

Rent earned

Fees earned

Wages expense

Utilities expense

Property taxes expense

Interest expense

Totals

$59,500$

$$770$

$3,840$

$55,000$

$2,600$

$50,000$

$40,000$

$8,860$

$2,400$

$23,400$

$3,200$

$690$

$600$

$$131\mathrm{.}870$

Additional information:

a$.$ An insurance policy examination showed $$1,040$ of expired insurance.

b$.$ An inventory count showed $$210$ of unused shop supplies still available.

c$.$ Depreciation expense on shop equipment, $$350.$

d$.$ Depreciation expense on the building, $$2,020.$

e$.$ A beautician is behind on space rental payments, and this $$200$ of accrued revenues was

unrecorded at the time the trial balance was prepared.

f$.$ $$800$ of the Unearned Rent account balance was still unearned by year$-$end.

g$.$ The one employee, a receptionist, works a five$-$day workweek at $$50$ per day. The employee

was paid last week but has worked four days this week for which she has not been paid.

h$.$ Three months' property taxes, totaling $$450,$ have accrued. This additional amount of property

taxes expense has not been recorded.

i$.$ One month's interest on the note payable, $$600,$ has accrued but is unrecorded.