Adjusting erities and Adjusted Trial Balances Emerson Company is a small editorial services company owned and operated by Suzanne Emerton on October 21, 2016, Fimentin Company's accounting clerk perepared the fulaning unadjusted trial balance: Emerson Company Unadjusted Trial Balance October 31, 2016 Debit Credit Balances Balonces 4.400 39,970 7.450 2.030 117,550 292.100 143.630 Accounts Receivable Prepaid Insurance Supplies Land Building Accumulated Depreciation-Building Equipment Accumulated Depreciation Equipment Accounts Payable Uneamed Rent Suanne Emerson, Capital Suzanne Emerson, Drawing 141,260 103.300 12530 310,400 15500 310400 15,500 338.750 201.900 Suzanne Emerson, Capital Suzanne Emerson, Drawing Fees Eamed Salaries and Wages Expense Utilities Expense Advertising Expense Repairs Expense Miscellaneous Expense 14.380 23.710 17.950 0.400 914.20 The data needed to determine and adjustments are as Unexpired Insurance at October 31. 54.990 Supplies on hand at October 31, 5610 Deprecation of building for the year, 33,300. Depreciation of equipment for the year 2,560 Uncanned rent at October 31. 51.850 Accrued salaries and wages at October 31, 33,230. Fees earned but unbilled on October 11, $18,970. Required: 1. Jocate the adjusting entries using the following additional account Sales wat Dese-Equipment and Suppies Expense. If an amount of more 2016 Insurance Expense X Oct 3 Prepaid Insurance IB X 1. Joumalize the adjusting entries using the following additional accounts: Salaries and was able Rent venue tomance Docom Expense-Equipment and Supplies Expense. If an amount bon does not require an entry leavet bank 2016 Insurance Expense Oct 31 Prepaid Insurance 31 Supplies Expense Supplies Depreciation Expense Building Accumulated Depreciation building II II II II II II 10 II II II 11 il 11 Depreciation Expense Equipment Accumulated Depreciation Equipment 31 Unearned Rent Rent Revenue Salaries and Wages Expense Salaries and Wages Payable eBook Print Item SME Exprense Oct. 31 Prepaid Insurance X 31 Supplies Expense Supplies 31 Depreciation Expense Building Accumulated Depreciation-Building i 31 Depreciation Expense-Equipment Accumulated Depreciation Equipment 11 11 ll II II II II 11 11 11 11 11 11 11 31 Unearned Rent Rent Revenue 31 Salaries and Wages Expense Salaries and Wages Payable 31 Accounts Receivable Fees Earned Adjusted Trial Balance October 31, 2016 Debit Balances Credit Balances Cash Accounts Receivable Prepaid Insurance Supplies Land Building Accumulated Depreciation-Building Equipment Accumulated Depreciation-Equipment Accounts Payable Unearned Rent Salaries and Wages Payable Suzanne Emerson, Capital Suzanne Emerson, Drawing 111 Fees Earned Rent Revenue Print item Salaries and Wages Payable II Suzanne Emerson, Capital Suzanne Emerson, Drawing Fees Earned Rent Revenue Salaries and Wages Expense Utilities Expense Advertising Expense Repairs Expense
