eBook Adjusting Entries and Adjusted Trial Balances Rowland Company is a small editorial services company owned and operated by Fran Briggs. On August 31, 2018, the end of the current year, Rowland Company's accounting clerk prepared the following unadjusted trial balance: Rowland Company Unadjusted Trial Balance August 31, 2018 Debit Credit Balances Balances Cash 3,450 Accounts Receivable 31,280 Prepaid Insurance 5,830 Supplies 1,590 Land 91,980 Building 165,970 Accumulated Depreciation-Building 112,390 Equipment 110,540 Accumulated Depreciation-Equipment 80,050 Accounts Payable 9,810 Unearned Rent 5,570 Common Stock 80,000 Previous eBook Prepaid Insurance 5,830 Supplies 1,590 Land 91,980 Building 165,970 Accumulated Depreciation-Building 112,390 Equipment 110,540 Accumulated Depreciation-Equipment 80,050 Accounts Payable 9,810 Unearned Rent 5,570 Common Stock 80,000 Retained Earnings 100,300 Dividends 12,190 Fees Earned 265,080 Salaries and Wages Expense 157,990 Utilities Expense 34,730 Advertising Expense 18,560 Repairs Expense 14,050 Miscellaneous Expense 5,040 653,200 653,200 The data needed to determine year-end adjustments are as follows: Unexpired insurance at August 31, $3,910. 99 4 Supplies on hand at August 31, $480. Depreciation of building for the year, $2,580. Depreciation of equipment for the year, $2,240. Rent unearned at August 31, $1,450. Accrued salaries and wages at August 31, $2,530. Fees earned but unbilled on August 31, $14,840. 1. Journalize the adjusting entries using the following additional accounts: Salaries and Wages Payable; Rent Revenue; Insurance Expense; Depreciation Expense-Building; Depreciation Expense-Equipment; and Supplies Expense. eBook a. d. < e. 9. 0 0 0 0 0 0 eBook 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 blank. Rowland Company Adjusted Trial Balance August 31, 2018 Debit Balances Credit Balances 00 Totals