PROBLEM 2 (30 Points) West Laboratory adjusts and closes its accounts at nts, is as f Debit Credit $18,200 Cash Medical Fees Receivable Prepaid Rent Office Supplies Medical Equipment 27,000 5,000 1,200 21,800 $6,000 3,000 8,000 14,000 18,000 16,000 Accumulated Depreciaion: Medical Equipment Accounts Payable Notes Payab Unearned Medical Fees Capital Stock Retained Eamings Dividends Medical Fees Earned Salanes Expense Utilities Expense Insurance Expense 31,000 14,000 2,000 The following information relates to month end adjustments: (a) Office supplies on hand September 30 amounted to $500. (b) The useful life of the medical equipment was estimated to be 20 years. I procedures. Fees of earned during the month by performing procedures on patients who had paid in advance (d) Salaries earned by employees during the month but not yet recorded amounted $2,300 (e) On September 1, West Laboratory had moved and paid 2 month's rent in advar (? Medical procedures performed during the month but not yet billed or recorded amounted to $4,600. Prepare the adjusting entries at the end of September on the ANSWER PAGE