The trial balances shown on page 208 are before and after adjustment for Amit Company at the end of its fiscal year.

InstructionsPrepare the adjusting entries that weremade.

AMIT COMPANY Trial Balance August 31, 2012 Before After Adjustment Cr. Adjustment Dr. $10,900 9,400 Cr. Dr. $10,900 Cash Accounts Receivable 8,800 Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries and Wages Payable Unearned Rent Revenue Common Stock Retained Earnings Dividends 2,500 4,000 16,000 500 2,500 16,000 $ 3,600 $ 4,800 5,800 5,800 1,100 1,800 800 10,000 5,500 10,000 5,500 2,800 2,800 Service Revenue 34,000 34,600 Rent Revenue 12,100 13,100 Salaries and Wages Expense Supplies Expense Rent Expense Insurance Expense Depreciation Expense 17,000 18,100 2,000 10,800 10,800 1,500 1,200 $72,800 $72,800 $75,700 $75,700