For preparing the adjusting entries, the following data were assembled: Supplies on hand on April 30 were $7,310. Fees earned but unbilled on April 30 were $8,960. Depreciation of equipment was estimated to be $12,370 for the year. Unpaid wages accrued on April 30 were $1,580. The balance in unearned fees represented the April 1 receipt in advance for services to be provided. Only $17,200 of the services was provided between April 1 and April 30. Required: 1. Journalize the adjusting entries necessary on April 30, 2015. If an amount box does not require an entry, leave it blank. Apr. 30 30 30 30 30 2. Determine the revenues, expenses, and net income of Crazy Mountain Outfitters Co. before the adjusting entries. Required: 1. Journalize the adjusting entries necessary on April 30, 2045. If an amount box does not require an entry, leave it blank. Apr. 30 Supplies Expense Supplies 30 Accounts Receivable Fees Earned 30 Depreciation Expense Accumulated Depreciation Equipment 30 Wages Expense 30 Unearned Fees Fees Earned 8 2. Determine the revenues, expenses, and net income of Crazy Mountain Outfitters Co. before the adjusting entries. Revenues Expenses Net income 3. Determine the revenues, expenses, and net income of Crazy Mountain Outfitters Co. after the adjusting entries. Revenues Expenses Net income 4. Determine the effect of the adjusting entries on Retained Earnings. Retained Earnings by $ crazy Mountain Outritters Co., an outritter store for fishing treks, prepared the following unadjusted trial balance at the e Crazy Mountain Outfitters Co. Unadjusted Trial Balance April 30, 2015 Debit Balances Credit Balances Cash 12,370 Accounts Receivable 82,130 19,790 Supplies Equipment 416,120 Accounts Payable 19,300 21,770 Unearned Fees Common Stock 55,000 Retained Earnings 231,000 Dividends 16,330 494,780 Fees Earned Wages Expense 114,790 Rent Expense 87,580 Utilities Expense 62,840 Miscellaneous Expense 9,900 821,850 821,850