Problems Problem 4-1 Malcolm Tryon In Care Agency had the following trial balance as of December 31, 20XX Malcolm Tryon In Care Agency Trial Balance December 31, 20XX Cash (101) 18,150 Accounts Receivable (102) 13,000 Medical Supplies (104) 20.000 Prepaid Insurance (111) 5.000 Medical Equipment (120) 40.000 Medical Van (130) 30,000 Accounts Payable (201) 50,000 M. Tryon, Capital (301) 35,000 M. Tryon, Withdrawals (302) 550 Service Revenue (401) 69,000 Salaries Expense (507) 25,000 Medical Van Expense (513) 1,500 Utilities Expense (519) 800 154.000 154.000 Adjustments Services had been provided to a new client but were unpaid because payment was not due yet. The revenue earned was $750. b. $3,000 of the Prepaid Insurance has expired. Depreciation on the Medical Van is $2,500. Medical Supplies ending inventory is $5,000. Required 1. Open ledger accounts for the trial balance accounts as well as: Insurance Expense(515). Depreciation Expense, Medical Van (530), Medical Supplies Expense (504), Accumulated Depreciation, Medical Van (131) 2. Post the trial balance amounts in the ledger accounts and label them "balance." 3. Journalize and post the adjusting entries. 4. Prepare an adjusted trial balance