Goldfinch Company specializes in the maintenance and repair of signs, such as billboards. On January 31, 2012, the accountant for Goldfinch Company prepared the following trial balances:

InstructionsJournalize the seven entries that adjusted the accounts at January 31. None of the accounts were affected by more than one adjusting entry.

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Goldfinch Company Trial Balance January 31, 2012 Unadjusted Adjusted Debit Balances Balances Debit Credit Credit Balances Balances Cash 4,750 4,750 Accounts Receivable. 17,400 6,200 17,400 1,475 Supplies Prepaid Insurance Land. Buildings Accumulated Depreciation-Buildings. Trucks... Accumulated Depreciation-Trucks. Accounts Payable Salaries Payable.. Unearned Service Fees. 9,000 2,700 50,000 120,000 50,000 120,000 51,500 60,000 75,000 75,000 12,000 13,550 6,920 8,000 750 10,500 6,000 Capital Stock.. Retained Earnings. Dividends..... 30,000 126,400 30,000 126,400 7,500 7,500 Service Fees Earned 162,680 167,180 Salary Expense.. Depreciation Expense-Trucks Rent Expense . Supplies Expense.. Utilities Expense Depreciation Expense-Buildings Taxes Expense Insurance Expense Miscellaneous Expense 80,000 80,750 1,550 11,900 11,900 4,725 6,200 7,280 8,500 2,900 2,900 ... 6,300 9,150 400,000 9,150 411,880 400,000 411,880