were anec y Obj. 2, 3, 4, 5, 6 PR 3-5A Adjusting entries and adjusted trial balances 2. Total of Debit Rowland Company is a small editorial services company owned and operated by Marlene Row- column: $776,180 land. On August 31, 2018, the end of the current year, Rowland Company's accounting clerk prepared the following unadjusted trial balance ATE GENERAL LEDGER (Continued) The Adjusting Proc Chapter 3 Rowland Company Unadjusted Trial Balance August 31, 2018 Credit Debit Balances Balances n7,500 38,400 Cash Accounts Receivable.. 7,200 1,980 112,500 150,250 Prepaid Insurance Supplies.. Land Building Accumulated Depreciation-Build ing. Equipment.... Accumulated Depreciation-Equipment Accounts Payable Unearned Rent. Common Stock Retained Earnings Dividends Fees Earned.. Salaries and Wages Expense.. Utilities Expense Advertising Expense. Repairs Expense.. Miscellaneous Expense 87,550 135,300 97,950 12,150 6,750 75,000 146,000 15,000 324,600 193,370 42,375 22,800 17,250 6,075 750,000 750,000 The data needed to determine year-end adjustments are as follows: Unexpired insurance at August 31, $6,000. Supplies on hand at August 31, $480. Depreciation of building for the year, $7,500. Depreciation of equipment for the year, $4,150. Rent unearned at August 31, $1,550. Accrued salaries and wages at August 31, $3,200. Fees earned but unbilled on August 31, $11,330. 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