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 correct.

Eva's Laundry
Trial Balances
May 31, 20Y9
	Unadjusted		Adjusted
	Debit Balances	Credit Balances	Debit Balances	Credit Balances
Cash	7,500		7,500
Accounts Receivable	18,250		23,250
Laundry Supplies	3,750		6,750
Prepaid Insurance*	5,200		1,600
Laundry Equipment	190,000		177,000
Accumulated DepreciationLaundry Equipment		48,000		48,000
Accounts Payable		9,600		9,600
Wages Payable				1,000
Common Stock		35,000		35,000
Retained Earnings		75,300		75,300
Dividends	28,775		28,775
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 were affected by more than one adjusting entry. If an amount 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
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