3-9A Adjusting entries (annual) LO4 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 determined that $12,000 of the unearned consulting revenue had not yet been earned. b. It was discovered that $14,000 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 $6,800. 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 $4,200. g. Interest of $85 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 $620. Acct. No. Rainmaker Environmental Consultants Unadjusted Trial Balance October 31, 2023 Account 101 Cash 106 Accounts receivable Debit $ 26,000 61,000 Credit 109 Interest receivable -0- 111 Notes receivable 50,000 126 Supplies 5,300 128 Prepaid insurance 3,400 131 Prepaid rent 27,000 161 Office furniture 84,000 162 Accumulated depreciation, office furniture. $ 28,000 201 Accounts payable 18,000 210 Wages payable + 233 Unearned consulting revenue 26,000 301 Jeff Moore, capital 223,000 302 Jeff Moore, withdrawals 28,000 401 Consulting revenue 232,020 409 601 622 637 640 Interest income Depreciation expense, office furniture Wages expense Insurance expense Rent expense 480 -0- 192,000 -0- 44,000 650 Supplies expense Totals 6,800 $527,500 $527,500 Page 247 Required Prepare the annual adjusting journal entries for October 31, 2023, based on the above. Assume Rainmaker Environmental uses the straight- line method to depreciate its assets. Exercise 4-14 Preparing a classified balance sheet LOS CHECK FIGURE: Total assets = $122,150 Page 307 A partial alphabetized list of adjusted account balances is shown for Dover Pacific Tours as at November 30, 2023 (all accounts have normal balances). Pat Dover, the owner, uses the following account classification system: 101-149 150-169 170-189 190-199 201-249 250-299 Current assets Property, plant, and equipment Intangible assets Non-current investments Current liabilities Non-current liabilities Acct. No. Account Title Adjusted Account Balance 201 Accounts payable $41,000 106 Accounts receivable 19,000 155 Accumulated depreciation, office furniture 4,100 153 Accumulated depreciation, vehicles 15,800 101 Cash 7.200 172 Copyright 9.000 240 Notes payable A 14,000 270 Notes payable Bl 21,600 195 Notes receivable? 20,500 154 Office furniture 6,500 110 Prepaid insurance 4,600 112 Prepaid rent 9,000 205 Salaries payable 12,100 118 Supplies 2,250 206 Unearned touring revenue 23,000 152 64,000 Vehicles $10,000 of note payable B is to be paid by November 30, 2024. 2$7,500 of the notes receivable is to be collected by November 30, 2024. Required Prepare a classified balance sheet for year ended November 30, 2023