Based on the following information, prepare the adjusting journal entries for Bella's Beauty Salon. Bella$’$s Beauty Salon's unadjusted trial balance for the current year follows:

BELLA$’$S BEAUTY SALON

Trial Balance

December $31,2014$

Cash

$ $4,200$

Prepaid insurance

$1,480$

Supplies

$990$

Equipment

$3,860$

Accumulated depreciation $–$ Equipment

$ $770$

Land

$55,000$

Unearned rent

$1,600$

Common stock

$10,000$

Retained earnings

$31,250$

Fees earned

$23,400$

Rent revenue

$2,400$

Wages expense

$3,200$

Utilities expense

$690$

Totals

$$69,420$

$$69,420$

Additional information:

a$.$ An insurance policy examination showed $$1,240$ of expired insurance

b$.$ A physical count showed $$210$ of unused supplies still available

c$.$ Depreciation expense on equipment, $$350$

d$.$ $$800$ of the Unearned Rent account balance was earned by year$-$end.

e$.$ The one employee, a receptionist, works a five$-$day workweek at $$50$ per day. The employee was paid last week but has worked four days this week for which she has not been paid.

Debit Credit