=+PR 3-4B Adjusting entries objs. 2, 3, 4 Misfire Company is a small editorial services company owned and operated by Pedro Borman. On August 31, 2010, the end of the current year, Misfire Company’s accounting clerk prepared the unadjusted trial balance shown on the next page.

The data needed to determine year-end adjustments are as follows:

a. Unexpired insurance at August 31, $1,800.

b. Supplies on hand at August 31, $750.

c. Depreciation of building for the year, $2,000.

d. Depreciation of equipment for the year, $5,000.

e. Rent unearned at August 31, $2 ,850.