Emerson Company is a small editorial services company owned and operated by Suzanne Emerson. On October 31, 20Y6, Emerson Companys accounting clerk prepared the following unadjusted trial balance: Emerson Company UNADJUSTED TRIAL BALANCE October 31, 20Y6 ACCOUNT TITLE DEBIT CREDIT

1 Cash 7,135.00 2 Accounts Receivable 37,950.00 3 Prepaid Insurance 7,045.00 4 Supplies 1,895.00 5 Land 116,150.00 6 Building 148,750.00 7 Accumulated Depreciation-Building 88,280.00 8 Equipment 133,800.00 9 Accumulated Depreciation-Equipment 97,280.00 10 Accounts Payable 12,145.00 11 Unearned Rent 6,970.00 12 Suzanne Emerson, Capital 222,685.00 13 Suzanne Emerson, Drawing 15,300.00 14 Fees Earned 320,650.00 15 Salaries and Wages Expense 190,770.00 16 Utilities Expense 42,730.00 17 Advertising Expense 22,595.00 18 Repairs Expense 17,420.00 19 Miscellaneous Expense 6,470.00 20 Totals 748,010.00 748,010.00 The data needed to determine year-end adjustments are as follows:

a. Unexpired insurance at October 31, $6,080.

b. Supplies on hand at October 31, $470.

c. Depreciation of building for the year, $7,245.

d. Depreciation of equipment for the year, $4,140

. e. Unearned rent at October 31, $1,200.

f. Accrued salaries and wages at October 31, $3,550.

g. Fees earned but unbilled on October 31, $11,125.

Required:
1.	Journalize the adjusting entries using the following additional accounts: Salaries and Wages Payable, Rent Revenue, Insurance Expense, Depreciation ExpenseBuilding, Depreciation ExpenseEquipment and Supplies Expense. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered.
2.	Determine the balances of the accounts affected by the adjusting entries and prepare an adjusted trial balance