Response to the following problem:
The trial balance of Lauer Corporation at December 31, 2016 follows, before and after the posting of adjusting entries.
Required:
1. Indicate in the "Adjustments" column the debit or credit difference between the unadjusted trial balance and the adjusted trial balance.
2. Prepare in general journal format the adjusting entries that must have been recorded. Include general ledger account numbers and plausible descriptions.