prepare a 10 column work sheet for internet consulting service inc dated December 31, 2018. at the bottom of your worksheet, prepare a breif explanation keyed to each adjusting entry

Chapter 4 The Accounting Cycle: Accruals and Deferrals INTERNET CONSULTING SERVICE, INC. UNADJUSTED TRIAL BALANCE DECEMBER 31, 2018 $ 49,100 23,400 6,300 300 600 36,000 Prepaid office rent. . . . Prepaid dues and subscriptions . .. Equipment .. Accumulated depreciation: equipment Notes payable . . Income taxes payable . . Unearned consulting fees . Capital stock Retained earnings . Dividends Consulting fees earned. Salaries expense . Telephone expense Rent expense... $ 10,200 12,000 5,950 30,000 32,700 60,000 257,180 88,820 2,550 22,000 51,000 560 1,600 6,600 4,200 $353,030 Dues and subscriptions expense Depreciation expense: equipment 8. Salaries earned by employees but not paid as of December 31 amount to $1,700. 9. Income taxes expense for the year is estimated at $56,000. Of this amount, $51,000 has bece recognized as expense in prior months, and $39.00 has been paid to tax authorities company plans to pay the $17,000 remainder of its income tax liability on January 15