OBJ. 2, 3, 4,5,6 PR 3-5A Adjusting entries and adjusted trial balances Pitman Company is a small editorial services company owned and operated by Jan Pit- man. On October 31, 2019 the end of the current year, Pitman Company's accounting clerk prepared the following unadjusted trial balance: Pitman Company Unadjusted Trial Balance October 31, 2019 Debit Credit Balances Balances Cash 7,500 Accounts Receivable.. 38,400 Prepaid Insurance 7,200 Supplies.. 1,980 Land 112,500 Building 300,250 Accumulated Depreciation-Building. 87,550 Equipment..... 135,300 Accumulated Depreciation-Equipment 97,950 Accounts Payable 12,150 .... ... Chapter 3 The Adjusting Process 151 Unearned Rent.. 6,750 Jan Pitman, Capital 371,000 Jan Pitman, Drawing.. 15,000 Fees Earned........ 324,600 Salaries and Wages Expense.. 193,370 Utilities Expense 42,375 Advertising Expense.. 22,800 Repairs Expense..... 17,250 Miscellaneous Expense. 6,075 900,000 900,000 The data needed to determine year-end adjustments are as follows:oldog Unexpired insurance at October 31, $600. Supplies on hand at October 31, $675. Depreciation of building for the year, $12,000. Depreciation of equipment for the year, $8,600. Unearned rent at October 31, $2,250. Accrued salaries and wages at October 31, $2,800. Fees earned but unbilled on October 31, $10,050. . . . . Instructions 1. 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. 2. Determine the balances of the accounts affected by the adjusting entries and prepare an adjusted trial balance