C Secure l https/ 10046618scrollpos-11036363397156902 q1 BusinesCourse Adjusting Entries The following selected accounts appear in the Birch Company's unadjusted trial balance as of December 31, the end of the fiscal year (all accounts have normal balances Commission Fees Earned sa6000 Required Prepare the necessary adjusting entries in the general journal as of December 31, assuming the following 1. On September 1, the company entered into a prepaid equipment maintenance contract, Birch Company paid $2,700 to cover maintenance service for six months, beginning September 1. payment was debited to Prepaid Maintenance. 2. Supplies on hand at December 31 are s3,200. 3 Unearned commission fees at December 31 are s4000. 4. Commission fees earned but not yet billed at December 31 are s3,500 (Note: Debit Fees Receivable 5. Birch Company's lease calls for rent of s900 per month payable on the first of each month, plus an annual amount equal to of annual commissions earned. This additional rent is payable on January 10 of the following year Note Be sure to use the adjusted amount of commissions earned in computing the additional rent O Ask me anything