Question 5 (5 marks)

Annie Brown owns a construction designing firm called Achi Design. The unadjusted trial balance on 30 June 2019 below was prepared by her accountant. Achi Design Unadjusted Trial Balance As at 30 June 2019 Account Debit ($) Credit ($) Cash at bank 144,150 Accounts receivable 276,450 Allowance for doubtful debts 3,750 Prepaid advertising 31,800 Office supplies 26,250 Office equipment 279,300 Accumulated depreciation - office equipment 34,200 Accounts payable 175,050 Unearned fees 38,700 A, Brown, Capital 239,850 Design fees revenue 1,509,300 Rent expense 198,600 Salaries & wages expenses 1,012,500 Telephone expense 31,800 2,000,850 2,000,850 The following additional information is available at 30 June. 1. Unused supplies on hand on 30 June totalled $2,700 2. The Unearned Fees account includes $12,350 received for fees earned during June. 3. Estimated annual depreciation on the office equipment is 10% of the cost of the asset. 4. Advertising costing $20,200 was consumed during the year 5. Based on ageing analysis, 4% of the total accounts receivable are estimated as doubtful debts. Required Prepare the adjusting entries at the end of the accounting period. Ignore narrations.