Prepare adjusting journal entries, as needed, considering the account balances excerpted from the unadjusted trial balance (below) and the adjustment data: Unadjusted Trial Balance Account Title Debit Credit Fixed assets 120,000 Accumulated depreciation 24,000 Prepaid rent 18,000 Unearned revenue 3,500 . Depreciation on fixed assets, $8,500 If journal entry is required, please select at least one debit entry and one credit entry. If journal entry is not required, please select "no entry required". 1. Accounts Payable $8,500 2. Accumulated Depreciation $8,500 Debit 3. Depreciation Expense $8,500 Credit 4. Fixed Assets $8,500