Instructions

The data needed to determine year $-$end adjustments are as follows:

$-$ Unexpired insurance at August $31,\backslash$$$6,105.$

$-$ Supplies on hand at August $31,\backslash$$$485.$

$-$ Depreciation of building far the year, $\backslash$$$7,140.$

$-$ Depreciation of equipment for the yesar, $\backslash$$$4,445.$

$-$ Rent unearned at August $31,\backslash$$$1,890.$

$-$ Accrued salaries and wages at Augus! $31,\backslash$$$3,330.$

$-$ Fees eamed but unbilled on August $31,\backslash$$$11,475.$

Required:

$1.$ Jourmalze the adjusting entries using the following additional accounts: Salaries and Wages Payabie; Rent Revenue; Insurance Expense; Depreciation Expense$-$Bulling, Depreciation Expense$-$Equipment; and Supplies Expense.

$2.$ Determine the balances of the accounts affected by the adjusting entries, and prepare an acjusted trial balance.

CHART OF ACCOUNT S

Martin Editing Company

General Ledger

ASSETS

$11$ Cash

$12$ Accounts Receivable

$13$ Prepaid Insurance

$14$ Supplies

$15$ Land

$16$ Building

$17$ Accurnulated Depreciation$-$Building

$18$ Equipment

$19$ Accurnulated Depreciation$-$Equipment

LIABILITIES

$21$ Accounts Payable

$22$ Unearned Rent

$23$ Salaries and Wages Payable

EQUITY

$31$ Cammon Stack

$32$ Retained Earnings

$33$ Dividends

REVENUE

$41$ Fees Eamed

$42$ Rent Revenue

EXPENSES

$51$ Salaries and Wages Expense

$52$ Utifties Expense

$53$ Advertising Expense

$54$ Repairs Expense

$55$ Depreciation Expense$-$Bulding

$56$ Depreciation Expense$-$Equipment

$57$ Insurance Expense

$58$ Supplies Expense

$59$ Miscelanerus Expense General Journal

$1.$ Journalize the adjusting entries using the following acoltional accounts: Salaries and Wages Payable; Rent Revenue; Insurance Expense; Depreclation Expense$-$Buitoing; Depreciation Expense$-$Equipment; and Supples Expense

General Joumal Instructions

PMGE $10$