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Adjusting Entries Selected account balances before adjustment for Intuit Realty at November 30, the end of the current year, follow: Debits Credits $82,450 127,000 $12,700

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Adjusting Entries Selected account balances before adjustment for Intuit Realty at November 30, the end of the current year, follow: Debits Credits $82,450 127,000 $12,700 Accounts Receivable Equipment Accumulated Depreciation - Equipment Prepaid Rent Supplies Wages Payable Unearned Fees 10,400 2,470 11,380 Fees Eamed 481,510 162,430 - Wages Expense Rent Expense Depreciation Expense Supplies Expense Data needed for year-end adjustments are as follows: Supplies on hand at November 30, $740. Depreciation of equipment during year, 51,240. Rent expired during year. $7,590. Wages accrued but not paid at November 30, $2,390. Uneamed fees at November 30. 54.780. Unbilled fees at November 30, $5,690. Required: 1. Journalize the six adjusting entries required at November 30, based on the data presented. Now. 30 1. Journalore the six adjusting entries required at November 30, based on the data presented. Nov. 30 30 2 30 1000000 000000 30 20 8 30 2. What would be the effect on the income statement of the stuntments for equpment deprecation and unearned from sted at the end of the year? Enteral amounts as positive numbers by by ood by 2. What be the effect on the balance sheet the adjustments for equipment depan and need for vermitted the end of the year? Enter all amount positive numbers 2. What would be the effect on the income statement of the astments for equipment depreciation and earned fees were meted at the end of the year? Enterall amounts as positive numbers Feeamed by Deprecation expen bvs income 3. What would be the effect on the balance sheet the patients for equipment depreciation and uneared foes were sted at the end of the year Enter all amounts positive numbers by by Unte by sota la hy Oost by and we by who bect on the increase or decrease in case on the statement as the mentorchant deprecaten and uneared lees were omitted at the end of the var

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