Font Alignment Numb D E F G H I J K L Debit Credit Account Supplies Expense Jneamed Rent are a planned part of the accounting process to update the accounts are not planned but arise only when necessary to correct errors. -3-1A Chapter 3 The Adjusting Process blems: Series A Excel PR 3-1A Adjusting entries OBJ. 2, 3, 4 On December 31, the following data were accumulated for preparing the adjusting entries for Bellingham Realty: Show le low The supplies account balance on December 31 is $1.375. The supplies on hand on December 31 are $280. The unearned rent account balance on December 31 is $9,000 representing the receipt of an advance payment on December 1 of four months' rent from tenants Wages accrued but not paid at December 31 are $3,220 Fees earned but unbilled at December 31 are $18,750. Depreciation of office equipment is $2,900. Instructions 1. Journalize the adjusting entries required at December 31, 2. Briefly explain the difference between adjusting entries and entries that would be made to correct errors. PR 3-2A Adjusting entries Selected account halen. OBJ