Required information E4-15 Recording Adjusting Entries and Preparing an Adjusted Trial Balance (LO 4-2, 4-3) [The following information applies to the questions displayed below) North Star prepared the following unadjusted trial balance at the end of its second year of operations ending December 31 Credit Debit $12,300 6,300 2,460 21,300 5.1,0.30 1,030 Account Titles Cash Accounts Receivable Prepaid Rent Equipment Accumulated Depreciation Accounts Payable Income Tax Payable Common Stock Retained Earnings Sales Revenue Salaries and Wages Expense Utilities Expense Rent Expense Depreciation Expense Income Tax Expense Totals 25,100 2,400 50,900 25,300 12,800 8 $80, 460 $80,460 Totals $80,460 $80,460 Other data not yet recorded at December 31 a Rent expired during the year, $1,230 b Depreciation expense for the year $1,030. c Utilities used and unpaid $9,300. d Income tax expense, S420. E4-15 Part 1 Required: 1. Indicate the accounting equation effects of each required adjustment (Enter any decreases to Assets, Liabilities, or Stockholders! Equity with a minus sign.) E4-15 Part 1 Required: 1. Indicate the accounting equation effects of each required adjustment (Enter any decreases to Assets, Liabilities, or Stockholders' Equity with a minus sign.) Transcotion a Stockhoir Egy b d Other data not yet recorded at December 31 a Rent expired during the year, $1230. b Depreciation expense for the year, 51030, c Utilities used and unpaid, 59,300 d Income tax expense, $420, E4-15 Part 2 2. Prepare the adjusting journal entries required at December 31 (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Required information Part 2 of 2 Journal entry worksheet 1 2 3 4 10 Soints Record the entry for the rent expired during the year, $1,230. eBook Note: Enter debits before credits Transaction General Journal Debit Credit ference a Record entry Clear entry View general journal ME art 2 of 2 Journal entry worksheet 1 2 3 4 > nts Record the entry for the depreciation expense for the year, $1,030. Book Note: Enter debits before credits Print Transaction b General Journal Debit Credit ateretices Record entry Clear entry View general journal art 2 of 2 Journal entry worksheet > 2. 4 pints Record the entry for the utilities payable of $9,300. eBook Noter Enter debits before credits Transaction General Journal Debit Credit Deferences Record entry Clear entry View general journa! View general Journal art 2 of 2 Journal entry worksheet 2 3 4 Record the entry for the income tax payable of $420. book Note: Enter debits before credits Transaction General Journal Debit Credit fraces d Record entry Clear entry View general journal