(Question 3) Name: Mayank Singh Date: 2021-11-11 st Question 3 [20 points] Please enter the following information, taken at month-end, in the trial balance by entering the letter (on the left) and amount (on the right) of each adjustment in the 'Adjustments' column, for the appropriate accounts. Then fill in the 'Adjusted Trial Balance' column with the balances of each account. a. Zcom Inc. rents part of its building for a monthly fee of $1,000. The rent for the month just past has not been received. b. $1,700 of the television advertising paid for in advance has been used. c. The monthly depreciation on the building is $380. d. Furniture purchased at the start of the month for $9,000 is estimated to have a useful life of five years. After this time, the furniture will be sold for $1,500. e. Of the consulting fees Zcom Inc. received in advance, $3,500 has been earned. f. Unpaid and unrecorded salaries at month-end totalled $6,000. g. A review of the $17,000 unadjusted balance in the prepaid insurance account shows a remaining balance of $13,400 at the end of the month. h. A review of the $4,100 unadjusted balance in the supplies account shows a balance on hand at the end of the month of $4,000. Zcom Inc. Trial Balance XUCULIVIT TILLIT JW0V 5C at the end of the month of $4.000 Adjusted Trial Balance Dr. Cr. Account Accounts payable Accumulated depreciation, building Accumulated depreciation, furniture Advertising expense Building Cash Consulting revenue earned Depreciation expense, building Depreciation expense, furniture Furniture Insurance expense Prepaid advertising Prepaid insurance Rent earned Rent receivable Retained earnings Salaries expense Salaries payable Share canital Zcom Inc. Trial Balance December 31, 2014 Unadjusted Trial Balance Adjustments Dr. Cr. Dr. Cr. 450 4,000 7,900 7,700 39,300 64,760 14,500 0 0 9,000 6,000 2,400 17,000 14,900 0 360 9,400 0 116,000 VU TIIT TIL 64,760 14,500 0 0 9,000 6,000 2,400 17,000 14,900 Cash Consulting revenue earned Depreciation expense, building Depreciation expense, furniture Furniture Insurance expense Prepaid advertising, Prepaid insurance Rent earned Rent receivable Retained earnings Salaries expense Salaries payable Share capital Supplies Supplies expense Unearned consulting revenue Utilities expense Totals 0 360 9,400 0 116,000 4,100 6,600 8,600 450 166,710 166,710