Final Questions Journal Chart of Accounts Instructions Instructions Trident Repairs & Service UNADJUSTED TRIAL BALANCE November 30, 20Y3 CREDIT DEBIT ACCOUNT TITLE 9.880 .00 1 Cash 67,550.00 2 Accounts Receivable 16,160.00 Supplies 114,550 00 Equipment 4 15,790.00 s Accounts Payable 17,600.00 *Unearned Fees 9,500.00 Common Stock Adjusting entries Final Questions Journal Chart of Accounts nstructions Instructions 9,500.00 7 Common Stock 112 710.00 BRetained Earnings 13,210.00 9 Dividends 291,830.00 10 Fees Earned 94040 00 Wages Expense 11 71,870.00 12 Rent Expense $2,130.00 13 Utilities Expense 14 Miscellaneous Expense 8040.00 447 430.00 1s Totals 447430.00 Instructions For preparing the adjusting entries, the tollowing data were assembled: Fees earned but unbilled on November 30 were $9,89o. Supplies on hand on November 30 were $4,770. Depreciation of equipment was estimated to be $6,470 for the year The balance in uneamed fees represented the November 1 receipt in advance for services to be provided. During November, $15,120 of the services were provided. Unpaid Wages accrued on November 30 were $5,280. Required: 1. Jounalize the adjusting entries necessary on November 30, 20Y3. Refer to the Chart of Accounts for exact wording of account titles. 2. Determine the revenues, expenses, and net income of Trident Repairs & Service before the adjusting entries. 3. Determine the revenues, expenses, and net income of Trident Repairs & Service after the adjusting entries 4. Determine the effect of the adjusting entries on Retained Earnings