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Adjusting Entries from Trial Balances The accountant for Eva's Laundry prepared the following unadjusted and adjusted trial balances. Assume that all balances in the unadjusted

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Adjusting Entries from Trial Balances The accountant for Eva's Laundry prepared the following unadjusted and adjusted trial balances. Assume that all balances in the unadjusted trial balance and the amount of the adjustments are correct Eva's Laundry Trial Balances May 31, 2019 Unadjusted Debit Credit Balances Balances Cash 7,500 Accounts Receivable Adjusted Debit Credit Balances Balance 7,500 23,250 6,750 1,600 177,000 13,250 3.750 5,200 190,000 48,000 48,000 9.600 9.600 1.000 Laundry Supplies Prepaid Insurance Laundry Equipment Accumulated Depreciation - Laundry Equipment Accounts Payable Wages Payable Common Stock Retained Earnings Dividends Laundry Revenue Wages Expense Rent Expense 35.000 75,300 35.000 75-300 28.775 28.775 183.100 142.100 49.200 49,200 25.575 25.575 Previous Not) Laundry Revenue Wages Expense 182,100 182,100 Rent Expense 49,200 49,200 Utilities Expense 25,575 18,500 25,575 18,500 13,000 Depreciation Expense Laundry Supplies Expense Insurance Expense Miscellaneous Expense 3,000 600 3,250 3,250 350,000 350,000 358,000 351,000 *3,600 of insurance expired during the year. Identify the errors in the accountant's adjusting entries by preparing a corrected adjusted trial balance. Assume that none of the accounts were affected adjusting entry. If an amount box does not require an entry, leave it blank. Eva's Laundry Adjusted Trial Balance May 31, 2019 Debit Balances Credit Balances Cash Accounts Receivable Laundry Supplies Prepaid Insurance Laundry Equipment Accumulated Depreciation Laundry Equipment Accounts Payable Wages Payable Pro Adjusted Trial Balance May 31, 2019 Debit Balances Credit Balances Cash Accounts Receivable Laundry Supplies Prepaid Insurance Laundry Equipment Accumulated Depreciation-Laundry Equipment Accounts Payable Wages Payable Common Stock Retained Earnings Dividends Laundry Revenue Wages Expense Rent Expense Utilities Expense Depreciation Expense Laundry Supplies Expense Insurance Expense Miscellaneous Expense Totals

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