The trial balance of Fidelity Insurors, Inc., at October 31, 19X2, and the data needed for the month-end adjustments follow.

Adjustment data:

a. Prepaid rent still in force at October \(31, \$ 700\).

b. Supplies used during the month, \(\$ 640\).

c. Depreciation for the month, \(\$ 900\).

d. Accrued advertising expense at October 31, \$320. (Credit Accounts Payable.)

e. Accrued salary expense at October 31, \(\$ 180\).

f. Unearned commission revenue still unearned at October \(31, \$ 2,000\).
\section*{Required}
1. Open T-accounts for the accounts listed in the trial balance, inserting their October 31 unadjusted balances.
2. Journalize the adjusting entries and post them to the T-accounts. Key the journal entries and the posted amounts by letter.
3. Prepare the adjusted trial balance.
Preparing the financial statements from an adjusted trial balance (Obj. 5)

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FIDELITY INSURORS, INC. TRIAL BALANCE OCTOBER 31, 19X2 Cash........ $ 1,280 Accounts receivable..... 14,750 Prepaid rent. 3,100 Supplies 780 Furniture.. 22,370 Accumulated depreciation. $11,640 Accounts payable.. 1,940 Salary payable...... Unearned commission revenue. 2,290 Common stock.... 5,000 Retained earnings 19,140 Dividends............ 2,900 Commission revenue. 8,400 Salary expense. 2,160 Rent expense. Utilities expense... 340 Depreciation expense. Advertising expense 730 Supplies expense. Total..... $48,410 $48,410