Adjusting Entries On May 31, the following data were accumulated to assist the accountant in preparing the adjusting entries for Oceanside Realty: a. Fees accrued but unbilled at May 31 are $11,720. b. The supplies account balance on May 31 is $3,860. The supplies on hand at May 31 are $1,100. c. Wages accrued but not paid at May 31 are $1,480. d. The unearned rent account balance at May 31 is $11,490, representing the receipt of an advance payment on May 1 of three months' rent from tenants. e. Depreciation of office equipment is $1,960. Required: Journalize the adjusting entries required at May 31