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Adjusting Enthes and Adjusted Trial Balances Reece Financial Services Cos which specializes in appliance repair services, is owned and operated by Joni Reece Recce Financial Services' accounting dark prepared the following unadjusted trial balance at July 31, 2018 Reece Financial Services Co. Unadjusted Trial Balance July 31, 2018 Debit Balances Credit Balances Cash 10,200 34,750 6,000 Accounts Receivable Prepaid Insurance Supplies Land 1.725 50,000 155,750 62,850 45,000 Building Accumulated Depreciation-Building Equipment Accumulated Depreciation Equipment Accounts Payable Uncamed Rent 17,650 3,750 3,600 Check My Work Previous Next COOR COP Unearned Rent 30 3,600 50,000 93,550 8,000 155,600 Common Stock Retained Earnings Dividends Fees Eamed Salaries and Wages Expense Utilities Expense Advertising Expense Repairs Expen Miscellaneous Expense 56,850 14,100 7,500 6,100 4,025 400,000 400,000 The data needed to determine year-end adjustments are as follows: Depreciation of building for the year 56,400 Depreciation of equipment for the year, $2,800 Accrued salaries and mages at Suly 31, $900 - Unexpired insurance at July 31, $1,500 Fees med but unbilled on July 31, 510,200 Supplies on hand at Nuly 31, 5615 fent unearned a July 31, $300 Required: 1. Journaline the adjusting entries using the following additional accounts Salones and Wages Payable Rent Revenue Insurance Experten Dating Previous Next > Check My Work CDR 2. Determine the balances of the accounts affected by the adjusting entries, and prepare an adjusted trial balance. If an amount box does not require an entry leave it bank Reece Financial Services Co. Adjusted Trial Balance July 31, 2018 Debit Balances Credit Balances Check My Work Previous Next All work saved Sub de Total Ne Check My Work Previous C