Instructions

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

Unexpired insurance at August $31,$ $$5,850.$

Supplies on hand at August $31,$ $$310.$

Depreciation of building for the year, $$7,750.$

Depreciation of equipment for the year, $$4,220.$

Rent unearned at August $31,$ $$1,495.$

Accrued salaries and wages at August $31,$ $$3,040.$

Fees earned but unbilled on August $31,$ $$11,185.$

Required:

Journalize the adiustina entries usina the followina additional accounts: Salaries and Wages Pavable: Rent Revenue: Insurance Expense: Chart of Accounts

Adjusted Trial Balance

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

Unexpired insurance at August $31,$ $$5,850.$

Supplies on hand at August $31,$ $$310.$

Depreciation of building for the year, $$7,750.$

Depreciation of equipment for the year, $$4,220.$

Rent unearned at August $31,$ $$1,495.$

Accrued salaries and wages at August $31,$ $$3,040.$

Fees earned but unbilled on August $31,$ $$11,185.$

Required:

Journalize the adjusting entries using the following additional accounts: Salaries and Wages Payable; Rent Revenue; Insurance Expense;

Depreciation Expense$-$Building; Depreciation Expense$-$Equipment; and Supplies Expense.

Determine the balances of the accounts affected by the adjusting entries, and prepare an adjusted trial balance. Chart of Accounts

Instructions

General Journal Expense.

General Journal Instructions

PAGE $10$

$\backslash$table$[[$JOURNAL$],[,,,,,,$ACCOIINTINIC EOIIATION$],[,$DATE,DESCRIPTION,POST. REF.,DEBIT,CREDIT,ASSETS,LIABILITIES,EQUITY$],[1,,$Adjusting Entries,,,,,,$],[2,,,,,,,,],[3,,,,,,,,],[4,,,,,,,,],[5,,,,,,,,],[6,,,,,,,,],[7,,,,,,,,],[8,,,,,,,,],[9,,,,,,,,],[10,,,,,,,,],[11,,,,,,,,],[12,,,,,,,,]]$Chart of Accounts

Adjusted Trial Balance

Instructions

General Journal

PAGE $10$

$\backslash$table$[[$JOURNAL$],[,,,,,,$ACCOIINtini. EOIIATION$],[,$DATE,DESCRIPTION,POST. REF.,DEBIT,CREDIT,ASSETS,LIABILITIES,EQUITY$],[1,,$Adjusting Entries,,,,,,$],[2,,,,,,,,],[3,,,,,,,,],[4,,,,,,,,],[5,,,,,,,,],[6,,,,,,,,],[7,,,,,,,,],[8,,,,,,,,],[9,,,,,,,,],[10,,,,,,,,],[11,,,,,,,,],[12,,,,,,,,],[13,,,,,,,,],[14,,,,,,,,],[15,,,,,,,,]]$Chart of Accounts

Instructions

General Journal

Adjusted Trial Balance

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

$1$

$2$

$2$

$3$

Martin Editing Company

ADJUSTED TRIAL BALANCE

August $31,20Y1$

$4$

$5$

$6$

$7$

$8$

$9$

$10$

$11$

$12$

$\backslash$table$[[\backslash$table$[[$Martin Editing Company$],[$ADJUSTED TRIAL BALANCE$]]],[,$ACCOUNT TITLE,DEBIT,CREDIT$],[1,$Cash,,$],[2,$Accounts Receivable,,$],[3,$Prepaid Insurance,,$],[4,$Supplies,,$],[5,$Land,,$],[6,$Building,,$],[7,$Accumulated Depreciation$-$Building,,$],[8,$Equipment,,$],[9,$Accumulated Depreciation$-$Equipment,,$],[10,$Accounts Payable,,$],[11,$Unearned Rent,,$],[12,$Salaries and Wages Payable,,$]]$