PROBLEM 2 (30 Points) West Laboratory adjusts and closes its accounts at the end of each month. The trial balance at September 30, 2017, before adjustments, is as follows DebitCredit $18,200 27,000 5,000 1,200 21,800 Medical Fees Receivable Prepaid Rent Office Supplies Medical Equipment Accumulated Depreciation: Medical Equipment Accounts Payable Notes Payable Uneamed Medical Fees Capital Stochk Retained Earnings Dividends Medical Fees Eamed Salaries Expense Ublities Expense Insurance Expense 6,000 3,000 8,000 14,000 18,000 16,000 1,000 31,000 14,000 2,000 $96000$96.000 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. (c) Many patients pay in advance for major medical procedures. Fees of $6,000 were 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 to $2,300. (e) On September 1, West Laboratory had moved and paid 2 month's rent in advance. (1) 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