Step 5: Record the December adjusting entries on the "General Journal" tab. Dec 31: One month insurance has been used. Dec 31: Supplies remaining at the end of the month total $90. Dec 31: The estimated depreciation on equipment is $80. Dec 31: Salaries incurred from December 29 to December 31 but not yet paid or recorded total $510. Step 6: Post all of the adjusting entries to the T-accounts under the "T-Accounts/General Ledger" tab. Compute the adjusted balance for each T-account after all of the adjusting entries have been posted. Step 7: Prepare the adjusted trial balance under the "Adjusted Trial Balance" tab as of December 31 in the excel template file "Accounting Cycle Excel Template.xlsx