ework $i$

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Sul

$650$

Supplies expense

Totals

$=\frac{7,500}{\text{\$}565,090}=$$$565,090$

Rainmaker prepares adjustments each October $31.$ The following additional information is available on October $31,2023.$

a$.$ It was determined that $$12,700$ of the unearned consulting revenue had not yet been earned.

b$.$ It was discovered that $$14,700$ of the balance in the Consulting Revenue account was for services to be performed in November.

c$.$ The balance in the Prepaid Rent account represents three months of rent beginning September $1,2023.$

d$.$ Accrued wages at October $31$ totalled $$7,500.$

e$.$ The office furniture was purchased on March $1,2022,$ and has an estimated useful life of two years. After two years of use, it is expected that the furniture will be worthless.

f$.$ Accrued consulting revenue at year$-$end totalled $$4,900.$

g$.$ Interest of $$92$ had accrued on the note receivable for the month of October.

h$.$ The balance in the Prepaid Insurance account represents the remaining balance of a two$-$year policy purchased on April $1,2022.$

i$.$ A count of the supplies on October $31$ revealed a balance remaining of $$690.$

Required:

Set up balance column accounts for Rainmaker Environmental Consultants and enter the balances listed in the unadjusted trial balance. $($Enter the adjusting values in the order of Transaction i$.$e$.,$ a through i$.)$

$\backslash$table$[[101$: Cash,$106$: Accounts Receivable$],[$Date$,$Debit,Credit,Balance,Date,Debit,Credit,Balance$]]$