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Questions, Classroom Demonstration Exercises, Exercises, and Problems P4-2B. Given the following trial balance and adjustment data for The Debbie Rose Art Studio of Richmond, your task is to prepare a worksheet for the month of November, the first month of operations in a new fiscal year. THE DEBBIE ROSE ART STUDIO TRIAL BALANCE NOVEMBER 30, 2021 Cr. Dr. 3 81300 28/2000 8 5 000 92100 5 98 5 00 Cash Accounts Receivable Prepaid Rent Painting Supplies Studio Equipment Accumulated Depreciation, Studio Equipment Accounts Payable Debbie Rose Allen, Capital Painting Revenue Advertising Expense Utilities Expense Wages Expense Totals 1 2 2 5 00 178 800 582800 781600 5/1000 2 78 00 2 2 50 00 17 4 2 7100 17427 00 Adjustment Data a. Painting supplies on hand, $595. b. Prepaid rent represents the first and last months' rent on a new office lease signed November 1, 2018. c. Depreciation on studio equipment is based on straight-line, five-year life and a residual value of $480. d. Wages earned but unpaid amounted to 24.5 hours at $10 per hour