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Adjoting Entries Reliable Repairs and Service, an electronics repair store, prepared the following unted trial balance at the end of its first year of creation

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Adjoting Entries Reliable Repairs and Service, an electronics repair store, prepared the following unted trial balance at the end of its first year of creation Reliable Repairs and Service Unadjusted The Balance April 30, 2018 Debit Crew Balances Balances Cash 13.030 Accounts Receivable 36,510 Supplies 20.850 Equipment 440,000 Accounts Payable 20,730 Unearned Fees 22.030 Common Stock 55.000 Retained Earnings 268,000 Dividends 17,200 Fees Eamed 521,160 Wages Expense 120,910 Rent Expense 92,250 Utilities Expense 6,190 Miscellaneous Expense 10420 367,420 367,490 For preparing the adjusting entries, the following data were assembled: Fees earned but unbilled on April 30 were $9.430. Supplies on hand on April 30 were $7,700. Depreciation of equipment was estimated to be $13,030 for the year. The balance in unearned fees represented the April receipt in advance for services to be provided. During her 19,110 of the service was provided Unpaid wages accrued on April 30 were $1,670. Required: 1. Journalize the adjusting entries necessary on April 30, 2010 . For preparing the adjusting entries, the following data were assembled: Fees earned but unbilled on April 30 were $9,430. Supplies on hand on April 30 were $7,700. Depreciation of equipment was estimated to be $13,030 for the year. The balance in uneared fees represented the April 1 receipt in advance for services to be provided. During April $18,110 of the services was provided Unpaid wages accrued on April 30 were $1,670. Required: 1. Joumalize the adjusting entries necessary on April 30, 2018, a. o c 1 1 1 1 0 d. 2. Determine the revenues, expenses, and net income of Reliable Repairs and Service before the adjusting entries, Revenues Expenses Net income 3. Determine the revenues, expenses, and net income of Rellable Repairs and Service after the adjusting entries. Revenues Expenses Net income 4. Determine the effect of the adjusting entries on Retained Earnings. Retained Earnings by

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