Ahmed invested $40,000 cash in the company, as its sole owner. 2. Hired two employees to work in the warehouse. They will each be paid a salary of $3,050 per month. 3. Signed a 2-year rental agreement on a warehouse; paid $24,000 cash in advance for the first year. 4. Purchased equipment costing $30,000. A cash payment of $10,000 was made immediately; the remainder is notes payable will be paid in 6 months. 5. Paid $1,800 cash for a one-year insurance policy on the furniture and equipment. Transactions during the remainder of the month: 6. Purchased basic office supplies for $420 on cash. 7. purchased more office supplies for $1,500 on account. 8. Total revenues earned were $20,000—$8,000 cash and $12,000 on account. 9. Paid $400 to suppliers for accounts payable due. 10. Received $3,000 from customers in payment of accounts receivable. 31. Received utility bills in the amount of $380, to be paid next month. Other data 1) Insurance policy will be used 2 years 2) Prepaid rent will be used 2 years 3) The monthly salaries of the two employees, totaling $6,100 is not yet recorded. 4) Service revenue of 2000 are performed but not recorded5) Supplies on hand are 800 6) The 20,000 in notes payable 10% interest will be paid 7) Equipment will depreciate 6000 yearly so calculate per month deprecation. Required a) Make adjusting entries b) Prepare adjusting trial balance ​