=+Instructions 1. Journalize the adjusting entries. Add additional accounts as needed.

2. Determine the balances of the accounts affected by the adjusting entries, and prepare an adjusted trial balance.

At the end of April, the first month of operations, the following selected data were taken from the financial statements of Beth Cato, an attorney:

Net income for April $125,750 Total assets at April 30 500,000 Total liabilities at April 30 180,000 Total owner’s equity at April 30 320,000 In preparing the financial statements,adjustments for the following data were overlooked:

a. Supplies used during April, $3,100.

b. Unbilled fees earned at April 30, $18,750.

c. Depreciation of equipment for April, $2,700.

d. Accrued wages at April 30, $1,850.