Presented below is the Trial Balance and Adjusted Trial Balance for Morning Jacket Company on December 31. 
Instructions
Prepare in journal form, with explanations, the adjusting entries that explain the changes in the balances from the trial balance to the adjusted trial balance.
Definitions:
Sugar-Free Diet
A nutritional approach that excludes or significantly reduces the consumption of added sugars to improve health outcomes and potentially manage conditions like diabetes.
Diabetics
Individuals who have diabetes, a chronic health condition that affects how the body processes blood sugar (glucose).
Product Specialization
The strategy of focusing production and marketing efforts on a particular line of products, allowing companies to hone their expertise and cater to specific customer needs.
Market Segment
A subgroup of people or organizations within a broader market that share one or more characteristics, allowing for targeted marketing efforts.
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