201 210 233 301 302 401 409 601 622 637 640 650 Accounts payable Wages payable Unearned consulting revenue Jeff Moore, capital Jeff Moore, withdrawals Consulting revenue Interest income Depreciation expense, office furniture Wages expense Insurance expense Rent expense Supplies expense Totals Saved 28,200 0 194,000 0 45,000 7,000 $542,240 18,200 0 26,400 233,120 Assume Rainmaker Environmental uses the straight-line method to depreciate its assets. Required: Prepare the annual adjusting journal entries for October 31, 2023, based on the above. 234,020 500 $542,240 Rainmaker prepares adjustments each October 31. The following additional information is available on October 31, 2023. a. It was determined that $12,200 of the unearned consulting revenue had not yet been earned. b. It was discovered that $14,200 of the balance in the Consulting Revenue account was for services to be performed in November. c. The balance in the Prepaid Rent account represents three months of rent beginning September 1, 2023. d. Accrued wages at October 31 totalled $7,000. e. The office furniture was purchased on March 1, 2022, and has an estimated useful life of two years. After two years of use, it is expected that the furniture will be worthless. f. Accrued consulting revenue at year-end totalled $4,400. g. Interest of $87 had accrued on the note receivable for the month of October. h. The balance in the Prepaid Insurance account represents the remaining balance of a two-year policy purchased on April 1, 2022. i. A count of the supplies on October 31 revealed a balance remaining of $640. Help Save & Exit

Rainmaker Environmental Consultants is just finishing its second year of operations. The company's unadjusted trial balance at October 31, 2023, follows: Rainmaker prepares adjustments each October 31. The following additional information is available on October 31,2023. a. It was defermined that $12,200 of the unearned consulaing revenue hod not yet been eamed. c. The balance in the Prepald Rerit account repersents the months of rent beginning Sectember 1,2027. d. Accrived waspes at Qefober at tolatled $7,000. expected that the furriture wal be worthless. 1. Accrued consuiting teverise at yeaf end todalled $4,400. 9. Interest of $87 had accrued on the note recewable for the month of October. h. The batare in the Prepaid Insurance account represents the remaining balance of a two year policy purclased on Apru 1.2027 Assune Roinmaker Erwironmental unes the straight line method to deprectate its assets. fequired: Rainmaker prepares adjustments each October 31 . The following additional information is avallable on October 31,2023 a. It was determined that $12,200 of the unearned consulting revenue had not yet been earned. b. It was discovered that $14,200 of the balance in the Consulting Revenue account was for services to be performed in Novembet. c. The balance in the Prepaid Rent account represents three months of rent beginning September 1,2023. d. Accrued wages at October 31 totalled $7,000 e. The office furniture was purchased on March 1,2022, and has an estirated useful life of two years. Alter two years of use, it is expected that the furniture will be worthless. f. Accrued consulting revenue at year-end totalled $4,400. 9. Interest of $87 had accrued on the note recelvable for the month of October. h. The balance in the Piepaid Insurance account represents the remaining balance of a fwo-year policy purchased on April 1,2022. i. A count of the supplies on October 31 revealed a balance temaining of $640. Assume Rainmaker Ervionmental uses the straight-line method to deprechate its assets: Required: Prepare the annual adjusting joumal entries for October 31,2023 , based on the above