Adjusting Entries and Adjusted Trial Balances Emerson Company is a small editorial services company owned and operated by Suzanne Emerson. On October 31, 2016. Emerson Company's accounting clerk prepared the following unadjusted trial balance: Emerson Company Unadjusted Trial Balance October 31, 2016 Debit Credit Balances Balances Cash 5,220 Accounts Receivable 47,340 Prepaid Insurance 8,830 Supplies 2,410 Land 139,220 Building 331.140 Accumulated Depreciation-Building 170,120 Equipment 167,310 Accumulated Depreciation-Equipment 121,170 Accounts Payable 14.850 Unearned Rent 9.430 Suzanne Emerson, Capital 352.8CC Suzanne Emerson, Drawing 18,460 Fees Earned 401,220 Salaries and Wages Expense 239,130 Utilities Expense 52.560 Advertising Expense 28.090 Repairs Expense 21,260 Miscellaneous Expense 7,620 1,068,590 1.068,590 The data needed to determine year-end adjustments are as follows Unexpired insurance at October 31, $5,920, . Supplies on hand at October 31, $720. Depreciation of building for the year, $3,910, Depreciation of equipment for the year, $3,390. N Unearned rent at October 31, $2,190. Accrued salaries and wages at October 31, $3,830. Fees earned but unbilled on October 31, $22.470, Required: Required: 1. Journalize the adjusting entries using the following additional accounts: Salaries and Wages Payable; Rent Revenue: Insurance Expense: Depreciation Expense-Building: Depreciation Expense-Equipment, and Supplies Expense. If an amount box does not require an entry, leave it blank.. 2016 Oct. 31 31 31 31 31 31 31 2. Determine the balances of the accounts affected by the adjusting entries and prepare an adjusted trial balance. If an amount box does not require an entry, leave it blank. 2. Determine the balances of the accounts affected by the adjusting entries and prepare an adjusted trial balance. If an amount box does not require an entry, leave it blank. Emerson Company Adjusted Trial Balance October 31, 20Y6 Debit Balances Credit Balances Check My Work 2 more Check My Work uses remaining