Selected account balances before adjustment for Foxboro Realty at December 31, 2008, the end of the current year, are as follows:

Data needed for year-end adjustments are as follows:
a. Unbilled fees at December 31, $1,650.
b. Supplies on hand at December 31, $200.
c. Rent expired, $5,000.
d. Depreciation of equipment during year, $1,150.
e. Unearned fees at December 31, $1,500.
f. Wages accrued but not paid at December 31, $3,150.

Instructions
Journalize the six adjusting entries required at December 31, based upon the datapresented.

Transcribed Image Text:

Debits Credits Accounts Receivable Equipment Accumulated Depreciation Prepaid Rent Supplies Wages Payable Unearned Fees Fees Earned Wages Expense Rent Expense Depreciation Expense Supplies Expense $18,250 72,500 11,900 7,500 2,050 8,500 187,950 60,100