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1. Journalize the adjusting entries necessary on November 30, 20Y3. Refer to the Chart of Accounts for exact wording of account titles. 2. Determine the

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1. Journalize the adjusting entries necessary on November 30, 20Y3. Refer to the Chart of Accounts for exact wording of account titles.
2. Determine the revenues, expenses, and net income of Trident Repairs & Service before the adjusting entries.
3. Determine the revenues, expenses, and net income of Trident Repairs & Service after the adjusting entries.
4. Determine the effect of the adjusting entries on Retained Earnings.
Adjusting entries Instructions Chart of Accounts Journal Final Questions Instructions UNADJUSTED TRIAL BALANCE November 30, 20Y3 ACCOUNT TITLE CREDIT DEBIT 1 Cash 10,310.00 67,890.00 2 Accounts Receivable 3 Supplies 16,150.00 111,740.00 Equipment 4 sAccounts Payable 16,080.00 6 Unearned Fees 18,280.00 7 Common Stock 10,500.00 8 Retained Earnings 102,320.00 13,880.00 9 Dividends 10 Fees Earned 299,210.00 11 Wages Expense 94,230.00 12 Rent Expense 72,460.00 13 Utilities Expense 51,60.00 14 Miscellaneous Expense 8,070.00 446,390.00 446,390.00 15 Totals For preparing the adjusting entries, the following data were assembled: Fees earned but unbilled on November 30 were $9,970. Supplies on hand on November 30 were $4,550. Depreciation of equipment was estimated to be $6,090 for the year. The balance in unearned fees represented the November 1 receipt in advance for services to be provided. During November, $15,260 of the services were provided. Unpaid Wages accrued on November 30 were $4,780. Chart of Accounts CHART OF ACCOUNTS Trident Repairs & Service General Ledger ASSETS REVENUE 11 Cash 41 Fees Earned 12 Accounts Receivable EXPENSES 13 Supplies 51 Wages Expense 14 Equipment 15 Accumulated Depreciation-Equipment 52 Rent Expense 53 Supplies Expense 54 Depreciation Expense LIABILITIES 21 Accounts Payable 56 Utilities Expense 59 Miscellaneous Expense 22 Wages Payable 23 Unearned Fees EQUITY 31 Common Stock 32 Retained Earnings 33 Dividends Final Questions 2. Determine the revenues, expenses, and net income of Trident Repairs & Service before the adjusting entries. Before Adjusting Entries Revenues 1 2 Expenses 3 Net income 3. Determine the revenues, expenses, and net income of Trident Repairs & Service after the adjusting entries. After Adjusting Entries Revenues 1 2 Expenses 3 Net income 4. Determine the effect of the adjusting entries on Retained Earnings. The Retained Earnings account by S

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