The trial balance for Prima Consultants Company on December 31, 2010, appears below. The following information is also available:
a. Ending inventory of office supplies, $97
b. Prepaid rent expired, $500
c. Depreciation of office equipment for the period, $720
d. Interest accrued on the note payable, $600
e. Salaries accrued at the end of the period, $230
f. Service revenue still unearned at the end of the period, $1,410
g. Service revenue earned but not billed, $915
1. OpenTaccountsfortheaccountsinthetrialbalanceplusthefollowing:Inter- est Payable; Salaries Payable; Office Supplies Expense; Depreciation Expense Office Equipment; and Interest Expense. Enter the account balances.
2. Determine the adjusting entries and post them directly to the T accounts.
3. Prepare an adjusted trial balance.
4. Which financial statements do each of the above adjustments affect? What financial statement is not affected by the adjustments?