For preparing the adjusting entries, the following data were assembled: Fees earned but unbilled on November 30 were $7,000 Supplies on hand on November 30 were $1,300 Depreciation of equipment was estimated to be $7,200 for the year The balance in unearned fees represented the November 1 receipt in advance for services to be provided. During November, $13,500 of the services were provided. Unpaid wages accrued on November 30 were $4,800 Required: Required: 1. Journalize the adjusting entries necessary on November 3, 2013. Refer to the Chart of Accounts for exact wording of account bes 2. Determine the revenues, expenses, and net income of Indent Repairs & Service before the adjusting entres 3. Determine the revenues, expenses, and net income of Tndent Repairs & Service after the adjusting entries 4 Determine the effect of the adjusting entries on Fetalood Earnings V Trident Repairs & Service UNADJUSTED TRIAL BALANCE November 30, 2013 ACCOUNT TITLE 1 Cash Accounts Receivable XSupplies Equipment Accounts Payable Unearned Fees DEBIT CREDIT 10,350.00 67.500.00 16,200.00 116,100.00 L 25,750.00 18,000.00 Instructions >Accounts Payable Uneamed Fees 25,750.00 18,000.00 7 Common Stock 50,000.00 Retained Earnings 111,500.00 Dividends 13.500.00 10 Fees Earned 33 Wages Expense 294.750.00 124.500.00 1 Rent Expense 92.000.00 13 Utilities Expense 51.750.00 14 Miscellaneous Expense 8.100.00 1 Totals 500.000.00 500,000,00 CHART OF ACCOUNTS Trident Repairs & Service General Ledger ASSETS 11 Cash 12 Accounts Receivable 13 Supplies 14 Equipment REVENUE 41 Fees Earned EXPENSES 51 Wages Expense 15 Accumulated Depreciation-Equipment 52 Rent Expense Chart of Accounts 14 Equipment 15 Accumulated Depreciation-Equipment LIABILITIES 21 Accounts Payable 22 Wages Payable 23 Unearned Fees 51 Wages Expense 52 Rent Expense 53 Supplies Expense 54 Depreciation Expense 56 Utilities Expense 59 Miscellaneous Expense EQUITY 31 Common Stock 32 Retained Earnings 33 Dividends