eBook Adiusting entries and adjusted trial balances Chart of Accounts Journal Adjusted Trial Balance 3 Rowland Company is a small editoial services company owned and operated by Mariene Rowland. On August 31, 2018, the end of the current year, Rowland Company's accounting clerk prepared the following unadusted trial balance Rowland Company UNADJUSTED TRIAL BALANCE August 31, 2018 ACCOUNT TITLE DEBIT s Cash 7.420.00 8 115.00 ,050.00 1,630.00 11455000 150,250.00 Accounts Receivable Prepaid Insurance 4 Supplue Land Accumulated Depreciation Building 1 Equipment 8,800.00 133,200.00 Accumulated Depreciation-Equipment Accounts Payable 1 Unearned Rent 1 Common Stock 1 Retained Earnings 14 Dridends 96.605.00 17.56000 7,055.00 74.980.00 142.235.00 15.055.00 Check My Work All work saved Adjusting entries and adjusted trial balances Chart of Accounts Journal Adjusted Trial Balance 4 Dividends 15 Fees Eamed sSalaries and Wages Expense 15,055.00 327,900.00 194,870.00 2.345.00 22,335.00 17,690.00 5,605.00 750,115.00 Utilities Expense Advertising Expense Repairs Expense o Miscellaneous Expense Totals 50,115.00 The data needed to determine year-end adjustments are as follows a. Unexpired insurance at August 31, $6,130 b. Supplies on hand at August 31, $615 c Depreciation of building for the year, $7,610 d. Depreciaion of equipment for the year, $4.300 e. Rent unearned at August 31, $1,490 t Accrued salaries and wages at August 31, $3,040 g. Fees earmed but unbilled on August 31, $10,865 Required: 1. Journalize the adjustng entries using the following additional accounts Salanes and Wages Payable Rent Revenue, Insurance Expense; Check My Work All work saved. Chart of Accounts Journal Adjusted Trial Balance Utilities Expense Advertising Expense 2.345.00 22.335.00 17,690.00 5605.00 750,115.00 1 Repairs Expense Miscellaneous Expense Totals 750,115.00 The data needed to determine year-end adjustments are as follows a Unexpired insurance at August 31, $6,130 b. Supplies on hand at August 31, $615 c. Deprecation of building for the year, $7,610 d. Depreciation of equipment for the year, $4,300. e Rent uneamed at August 31, $1,490 t. Accrued salaries and wages at August 31, 53,040 g Fees earned but unbiled on August 31, $10,865 Required: 1, Journalze the adjusting entries using the following additional accounts Salaries and Wages Payable Rent Revenue, Insurance Expense Depreciation Expense-Equipment and Supplies Expense. Refer to the Chert of Accounts for exact wording of account tities 2 Determine the balances of the accounts affected by the adjusting entries, and prepare an edjusted tia balance Check My Work Calculator usting entries and adjusted trial balances instructionsChart of Accounts | Journal Adjusted Trial Balance Chart of Accounts CHART OF ACCOUNTS Rowland Company General Ledger 17 18 19 20 ASSETS REVENUE 21 11 Cash 12 Accounts Receivable 13 Prepaid Insurance 41 Fees Earned 42 Rent Revenue EXPENSES 51 Salaries and Wages Expense 52 Utilities Expense 53 Advertising Expense 54 Repairs Expense 14 Supplies 15 Land 16 Buiding 17 Accumulated Depreciation-Building 18 Equipment 19 Accumulated Depreciation-Equipment55 Depreciation Expense-Building LIABILITIES 21 Accounts Payable 22 Unearned Rent 23 Salaries and Wages Payable 56 Depreciation Expense-Equipment 57 Insurance Expense 58 Supplies Expense 59 Miscellaneous Expense EQUITY 31 Common Stock 32 Retained Earnings 33 Dividends Check My Work Adinting entries and eiusted trial balanes nst Chart of Accounts enact wording of accoun CCOUNTING EQUATIONN Calculator sting entries and adiusted trial balances Journal Adjusted Trial Balance Chart of Accounts urnal Adjusted Trial Balance 2 Determine the balances of the accounts affected by the adjusting entries, and prepare an agjusted trie baiance Rowland Company ADJUSTED TRIAL BALANCE August 31, 2018 ACCOUNT TITLE DEBIT CREDIT ash 2 Accounts Receivable 4 Prepaid Insurance 5 4 Supplies Land r Building Equipment 19 Accumulated 11 : Accounts Payable 12 Salaries and Wages Payable 3 Common Stock eBook Calculator Adjusting entries and adjusted trial balances ns |Chart of Accounts Journal Adjusted Trial Balance Chart of Accounts Journal Adjusted Trial Balance ex Accounts Payable 11 Uneaned Rent 2Salaries and Wages Payable 13 Common Stock Retained Earnings 11 Dividends 6 Fees Earned Rent Revenue I lis! Salaries and Wages Expense Utilities Expense 2Advertising Expense Repairs Expense Depreciation Expense-Building Insurance Expense 25 Supplies Expense 25 Miscellaneous Expense Totals Check My Work All work saved