Selected year-end account balances before adjustments for Martin’s Small Engines at July 31, 2022 are shown below.

Data needed for year-end adjustments are as follows.
a. Unearned revenues at July 31, $940.
b. Unbilled fees at July 31, $1,125.
c. Supplies on hand at July 31, $150.
d. Rent expired during the year, $1,500.
e. Depreciation of equipment for the year, $250.
f. Wages accrued but not yet paid at July 31, $475.

Required
Journalize the six adjusting entries required at July 31 using the above data.

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Accounts Receivable Accumulated Depreciation Depreciation Expense Equipment Fees Earned Prepaid Rent Rent Expense Supplies Supplies Expense Unearned Fees Wages Expense Wages Payable Debits $16,250 50,000 2,050 490 64,000 Credits $2,500 94,875 4,500