Adjusting Entries from Trial Balances

The accountant for Evas 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 Balance

May 31, 20Y3

*3,780 of insurance expired during the year.

Identify the errors in the accountants adjusting entries, assuming 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.

Adjusted unadjusted Debit Credit Balances Balances Debit Balances Credit Balances Cash 7,490 7,490 Accounts Receivable 18,180 21,820 3,640 5,350 5,180 1,400 Laundry Supplies Prepaid Insurance* Laundry Equipment Accumulated Depreciation-Laundry Equipment 188,730 182,740 47,900 47,900 Accounts Payable 9,590 9,590 1,200 110,200 110,200 Wages Payable Eva Baldwin, Capital Eva Baldwin, Drawing Laundry Revenue 28,700 28,700 180,660 180,660 49,150 49,150 Wages Expense Rent Expense 25,570 25,570 Utilities Expense 18,510 18,510 Depreciation Expense 5,990 Laundry Supplies Expense 1,710 Insurance Expense 790 Miscellaneous Expense 3,200 3,200 348,350 348,350 352,420 349,550