PR 3-5A Adjusting Entries and Adjusted Trial Balances OBJ. 2, 3, 4, 5, 6 Emerson Company is a small editorial services company owned and operated by Suzanne Emerson. On October 31, 2076, Emerson Company's accounting clerk prepared the unadjusted trial balance shown on below. The data needed to determine year-end adjustments are as follows: Unexpired insurance at October 31, $550. Supplies on hand at October 31, $610. Depreciation of building for the year, $10,920. Depreciation of equipment for the year, $7,830. Unearned rent at October 31, $2,050. Accrued salaries and wages at October 31, $2,550. Fees earned but unbilled on October 31, 9,140. Emerson Company Unadjusted Trial Balance October 31, 2016 Credit Balances Debit Balances 6,820 34,940 6,550 1,800 102,400 273,200 79,660 123,110 Cash.. Accounts Receivable.. Prepaid Insurance Supplies... Land Building Accumulated Depreciation Building Equipment. Accumulated Depreciation-Equipment Accounts Payable... Unearned Rent... Suzanne Emerson, Capital Suzanne Emerson, Drawing. Fees Earned..... Salaries and Wages Expense. Utilities Expense.. Advertising Expense... Repairs Expense.... Miscellaneous Expense.. 89,130 11,060 6,140 338,000 14,000 295,320 175,950 38,560 20,750 15,700 5.530 819,310 819,310 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. Answer + Check Figure: Total of Debited Balances column on adjusted trial balance: $849,750