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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 amounts of the adjustments are corres Eva's Laundry Trial Balances May 31, 20Y9 Unadjusted Adjusted Debit Credit Debit Credit Balances Balances Balances Balances Cash 7,500 7,500 Accounts Receivable 23,250 18,250 Laundry Supplies 3,750 6,750 Prepaid Insurance 5,200 1,600 Laundry Equipment 190,000 177,000 Accumulated Depreciation-Laundry Equipment 48,000 48,000 9,600 9,500 Accounts Payable 1,000 Wages Payable 35,000 35,000 Common Stock 75,300 75,300 Retained Earmings 28,775 28,775 Dividends Calculator Print Item Laundry Revenue 182,100 182,100 Wages Expense 49,200 49,200 Rent Expense 25,575 25,575 Utilities Expense 18,500 18,500 Depreciation Expense 13,000 Laundry Supplies Expense 3,000 Insurance Expense 600 Miscellaneous Expense 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 we box does not require an entry, leave it blank. Eva's Laundry Adjusted Trial Balance May 31, 20Y9 Debit Balances Credit Balances Cash Accounts Receivable Laundry Supplies Prepald Insurance 1 aundry Fnunment Print Item Calculator up Cip HW 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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