Adjusting Entries The following accounts for Old Orchard Realty need to have balances adjusted on December 31: - The balance in Supplies is $100, but it should be $50. - Depreciation of equipment during year, $1,000. - Prepaid Rent balance is $1,000, but it should be $500. - Wages earned by employees in the current month won't be paid until the next month, $2,000. - The balance in Unearned fees is $4,000, but it should be $2,000. Do the needed adjusting journal entries, using the included journal. (50 pts) \begin{tabular}{|l|l|l|c|} \hline Dat & Account & Debit & Credit \\ \hline Dec31 & Supplies & 50 & \\ \hline & Accumulateddepreciation-Equipment & & 1,000 \\ \hline & & \\ \hline \end{tabular}