Bio Chem Home m eBook T Accounts, Adjusting Entries, Financial Statements, and closing Entries; optional end-of-period spreadsheet The unadjusted trial balance of La Mesa Laundry at August 31, 2018, the end of the fiscal year, follows: La Mesa Laundry Unadjusted Trial Balance August 31, 2018 Debit Balances Credit Balances 3,800 9,000 6,000 Cash Laundry Supplies Prepaid Insurance Laundry Equipment Accumulated Depreciation Accounts Payable Common Stock 180,800 49,200 7,800 15,000 80,000 2,400 Retained Earnings Dividends Laundry Revenue Wages Expense Rent Expense 248,000 135,800 43,200 16,000 3,000 Utilities Expense Miscellaneous Expense 400,000 400,000 The data needed to determine year-end adjustments are as follows: a. Wages accrued but not paid at August 31 are $2.200. b. Depreciation of equipment during the year is $8,350 claundry supplies on hand at August 31 are $2.000, d. Insurance premiums expired during the year are $5,300 Required: 1. The following steps have already been done for you. Each account balance listed in the united trial balance has been entered into its account below, with the identifican "Aug 31 Bola Taccounts for Wages Payable, Depreciation Expense, Laundry Supplies Expense Insurance Expense, and income Summary have been added bow 2. (Optional) Enter the unadjusted the balance on an end-ofperiod spreadsheet and complete the spreadsheet. Add the accounts listed in part (1) as needet. 3. Journalize and post the adjusting entries. Identify the adjustments by "Adj. and the new balances as "Adj. Bal. Date Account Debit Credit 2016 Aug. 31 6. Aug. 31 Aug. 31 Cek My Work 5 more Check My Works remand eBook d. Aug. 31 The T accounts below are used to complete the posting requirements for part 3 and 6. Cash Aug. 31 Bal. 3,800 Laundry Supplies Aug. 31 Bal. 9,000 Prepaid Insurance Aug 31 Bal. 6,000 Laundry Equipment 180,800 Aug. 31 Bal. Book The T accounts below are used to complete the posting requirements for part 3 and 6. Cash Aug, 31 Bal. 3,800 Laundry Supplies Aug. 31 Bal. 9,000