Uses MS Excel, to journalize the input settings presented. As of August 31, the following information was accumulated to prepare the adjustment entries for the company Casa de Papel:

• The balance for the materials (supplies) account as of August 31 is $1,865. Materials on hand as of August 31 have a value of $580. The unearned rent account balance as of August 31 is $5,000. According to the receipt, the tenants paid in advance on August 1 for four months.
• Accrued but unpaid wages (salaries payable) as of August 31 total $4,080.
• Fees earned, but not collected, as of August 31 total $5,450.
• Accumulated depreciation for office equipment is $2,800.
• The loan of $25,000, with 5% is for 6 months. The month of August has already expired.

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