1. PR.03-01.ALGO (Algorithmic) Adjusting Entries On May 31, the following data were accumulated to assist the accountant in preparing the adjusting entries for Oceanside Realty: end a. Fees accrued but unbilled at May 31 are $7,270. b. The supplies account balance on May 31 is $2,390. The supplies on hand at May 31 are $680. C. Wages accrued but not paid at May 31 are $920. d. The unearned rent account balance at May 31 is $7,110, representing the receipt of an advance payment on of three months' rent from tenants. Accrued Kevenve Provided Vervice e. Depreciation of office equipment is $1,210. As time pasoves, a fixed ause loves its abili Required: to provide veroi services. Journalize the adjusting entries required at May 31. (incredive May 31 Ocounts Receivable Revenue (feed tarned) 31 31 31 31 Depreciation expenue si l.210 Accum. Deprec office equip 81.210 Depreciated Accumulated Depre? What is the difference between adjusting entries and correcting entries? a. Both adjusting entries and correcting entries are a planned part of the accounting process. Journalize the seven entries that adjusted the accounts at November 30. None of the accounts were affected by more than one adjusting entry. 2019 Nov. 30 30 30 30 30 30 30