Chapter 3 The Adjusting Process141 For preparing the adjusting entries, the following data were assembl a. Fees earned but unbilled on April 30 were $9,850. b. Supplies on hand on April 30 were $4,660. c. Depreciation of equipment was estimated to be $6,470 for the year. d. The balance in unearned fees represented the April 1 receipt in advance for services to be provided. During April, $15,000 of the services were provided. e. Unpaid wages accrued on April 30 were $5,200. Instructions 1. Journalize the adjusting entries necessary on April 30, 2016. 2. Determine the revenues, expenses and net income of Reliable Service & Repairs before the adjusting entries 3. Determine the revenues, expense, ano net income of Reliable Service & Repairs after the adjusting entries. 4. Determine the effect of the adjusting entries on Retained Earnings