Anguilla Company, an electronics repair store, prepared the following trial balance at the end of its first year of operations:

For preparing the adjusting entries, the following data were assembled:
a. Fees earned but unbilled on April 30 were $3,200.
b. Supplies on hand on April 30 were $1,010.
c. Depreciation of equipment was estimated to be $3,850 for the year.
d. The balance in unearned fees represented the April 1 receipt in advance for services to be provided. Only $1,000 of the services was provided between April 1 and April 30.
e. Unpaid wages accrued on April 30 were $820.

Instructions
Journalize the adjusting entries necessary on April 30,2006.

Transcribed Image Text:

Anguilla Company Trial Balance April 30, 2006 Cash ..__. . 2,300 75,800 3,500 4,000 52,000 90,500 1,800 150,000 150,000