Econo Company, an electronics repair store, prepared the unadjusted trial balance shown below at the end of its first year of operations Econo Company Unadjusted Trial Balance April 30, 2014 Debit Balances Credit Balances Cash 13,870 Accounts Receivable 92,090 Supplies 22,190 Equipment 462,900 Accounts Payable 21,640 Unearned Fees 24,410 Capital Stock 55,000 Retained Earnings 262,000 Dividends 18,310 Fees Earned 554,750 Wages Expense 128,700 Rent Expense 98,190 Utilities Expense 70,450 Miscellaneous Expense 11,100 917,800 917,800 For preparing the adjusting entries, the following data were assembled Fees earned but unbilled on April 30 were $10,040 Supplies on hand on April 30 were $8,200 Depreciation of equipment was estimated to be $13,870 for the year The balance in unearned fees represented the April 1 receipt in advance for services to be provided Only $19,280 of the services was provided between April 1 and April 30 Unpaid wages accrued on April 30 were $1,780 Required 1 Journalize the adjusting entries necessary on April 30, 2014

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Econo Company, an electronics repair store, prepared the unadjusted trial balance shown below at the end of its first year of operations. Econo Company Unadjusted

Econo Company, an electronics repair store, prepared the unadjusted trial balance shown below at the end of its first year of operations.

Econo Company
Unadjusted Trial Balance
April 30, 2014
	Debit Balances	Credit Balances
Cash	13,870
Accounts Receivable	92,090
Supplies	22,190
Equipment	462,900
Accounts Payable		21,640
Unearned Fees		24,410
Capital Stock		55,000
Retained Earnings		262,000
Dividends	18,310
Fees Earned		554,750
Wages Expense	128,700
Rent Expense	98,190
Utilities Expense	70,450
Miscellaneous Expense	11,100
	917,800	917,800

For preparing the adjusting entries, the following data were assembled:

Fees earned but unbilled on April 30 were $10,040.

Supplies on hand on April 30 were $8,200.

Depreciation of equipment was estimated to be $13,870 for the year.

The balance in unearned fees represented the April 1 receipt in advance for services to be provided. Only $19,280 of the services was provided between April 1 and April 30.

Unpaid wages accrued on April 30 were $1,780.

Required:

1. Journalize the adjusting entries necessary on April 30, 2014.