Adjusting Entry: At the End of the Accounting Period, we inspected our supplies on hand. We had $500 ON HAND (or remaining). Journalize the adjusting entry necessary. You can omit the description in the journal entry.

Adjusting Entry: The wages that we will payout for the workweek ending on a Friday will be $500. Our employees earn the same amount each day. However, the accounting period ends on WEDNESDAY of the current week, with the payment date of Friday of the same week. Journalize the adjusting entry necessary to reflect the expense incurred in the current month. You can omit the description in the journal entry.

Taking into account the impact of the 2 adjusting entries above, create an ADJUSTED Trial Balance. The below is an editable table. You can either use this one, or create your own in Excel and paste it in, or handwrite one. Whatever works best for you. Just make sure when you submit, I can clearly see your work.

. , , acc = Calibri (Oc... 11 at Aa568, / " : x x" ... Saransack 1 2 CASOS .. 3 Emily and Steve Winter Services Unadjusted Trial Balance For the year-ended 12/31/2020 Credit Balance Dr. Balance 7,000 1,000 2,000 5,000 2,000 1,000 300 200 Account Number Account Name 10 Cash 11 Accounts Receivable 12 Supplies 13 Equipment 14 Accumulated Depreciation Equipment 20 Accounts Payable 21 Accrued Liabilities 22 Wages Payable 30 Dividends 31 Common Stock 32 Retained Earnings 40 Snow Blowing Revenue 41 Ice Melting Revenue 50 Wages Expense 51 Supplies Expense 52 Depreciation Expense - Equipment 53 Miscellaneous Expense 2,000 10,000 550 2,400 2,000 500 650 200 100 Totals 18,450 18,450 4 10 : n:: 1991, LE ( : : 9 175%