Question: This problem continues the Daniels Consulting situation from problem P2-41 of Chapter 2. You will need or use the unadjusted trial balance and posted T-accounts

 This problem continues the Daniels Consulting situation from problem P2-41 of

This problem continues the Daniels Consulting situation from problem P2-41 of Chapter 2. You will need or use the unadjusted trial balance and posted T-accounts that you prepared in problem P2-41.The unadjusted trial balance at December 31, 2016, is duplicated below: At December 31, the business gathers the following information for the adjusting entries: Accrued service revenue, $1, 500. Earned $600 of the service revenue collected in advance on December 21. Office supplies on hand, $300. Depredation on equipment, $60; Depreciation on furniture, $50. Accrued $685 expense for administrative assistant alary. Requirements Journalize and post the adjusting entries using the T-accounts that you completed in problem P2-41 .In the T-accounts, denote each adjusting amount as Adj and is account as Balance. Prepare an adjusted trial balance as of December 31, 2016

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