Identify the errors in the accountant's adjusting entries by preparing a corrected adjusted trial balance. Assume that none of the accounts were affected by more than one adjusting entry. If an amount box does not require an entry, leave it blank.

Instructions The accountant for Eva's Laundry prepared the following unadjusted and adjusted trial balances. Assume that all balances in the unadjusted trial balance and the amounts of the adjustments are correct. Eva's Laundry Trial Balances May 31, 2018 Unadjusted Unadjusted Adjusted Adjusted Debit Balances Credit Balances Debit Balances Credit Balances Cash $7,420.00 $7,420.00 4 Accounts receivable 18,210.00 23,025.00 5 Laundry Supplies 3,830.00 6,520.00 5,610.00 2,220.00 6 Prepaid Insurance Laundry Equipment Accumulated Depreciation-Laundry Equipment 189,400.00 176,020.00 $47,940.00 $47,940.00 Accounts Payable 9,805.00 9,805.00 10 Wages Payable 1,095.00 11 Common Stock 34,000.00 34,000.00 12 Retained Earnings 79,650.00 79,650.00 13 Dividends 29,240.00 29,240.00 178,000.00 178,000.00 14 Laundry Revenue 15 Wages Expense 48,760.00 48,760.00 16 Rent Expense 25,280.00 25,280.00 18,550.00 18,550.00 13,380.00 17 Utilities Expense 18 Depreciation Expense 19 Laundry Supplies Expense 20 Insurance Expense 21 Miscellaneous Expense 2,690.00 700.00 3,095.00 3,095.00 $349,395.00 $349,395.00 $356,900.00 $356,900.00 * $3,390 of insurance expired during the year. Corrected Adjusted Trial Balance Eva's Laundry ADJUSTED TRIAL BALANCE May 31, 2018 ACCOUNT TITLE DEBIT CREDIT Cash 2 Accounts Receivable 3 Laundry Supplies 4 Prepaid Insurance 5 Laundry Equipment 6 Accumulated Depreciation Laundry Equipment Accounts Payable 8 Wages Payable 9 Common Stock 10 Retained Earnings 11 Dividends 12 Laundry Revenue 13 Wages Expense 14 Rent Expense 15 Utilities Expense 16 Depreciation Expense 17 Laundry Supplies Expense 18 Insurance Expense 19 Miscellaneous Expense 20 Totals * $3,390 of insurance expired during the year