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$ 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:

Journalize the adjusting entries necessary on November $30,20$V$3.$ Refer to the Chart of Accounts for exact wording of account titles.

Determine the revenues, expenses, and net income of Trident Repairs & Service before the adjusting entries.

Determine the revenues, expenses, and net income of Trident Repairs & Service after the adjusting entries.

Determine the effect of the adjusting entries on Retained Earnings.

Journal

Journalize the adjusting entries necessary on November $30,20$Y$3.$ Refer to the Chart of Accounts for exact wording of account titles. Journalize the adjusting entries necessary on November $30,20$Y$3.$ Refer to the Chart of Accounts for exact wording of account titles. Determine the revenues, expenses, and net income of Trident Repairs & Service before the adjusting entries.

Before Adjusting Entries

$1$ Revenues

$2$ Expenses

$3$ Net income

Determine the revenues, expenses, and net income of Trident Repairs & Service after the adjusting entries.

After Adjusting Entries

$1$ Revenues

$2$ Expenses

Net income

Determine the effect of the adjusting entries on Retained Earnings.

The Retained Earnings account

by

It says "Accumulated Depreciation" is not the answer for the blank entry in the journal.