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GOR Ndjusting Entries and Adjusted Trial Balances Reece Financial Services Co., which specializes in appliance repair services, is owned and operated by Joni Reece. Reece
GOR Ndjusting Entries and Adjusted Trial Balances Reece Financial Services Co., which specializes in appliance repair services, is owned and operated by Joni Reece. Reece unadjusted trial balance at July 31, 2049: Reece Financial Services Co. Unadjusted Trial Balance July 31, 2019 Debit Balances Credit Balances 5,240 A... Accounts Rectable Prepaid Insurance Supphes Land Building Accumulated Depreciation Building 47,570 8,870 2,420 139,900 252,330 170,940 168,120 Accumulated Depreciation Coupment Accounts Payable 121.750 14,920 Common stock 8,470 300,000 194,100 ters E ssignment/ta Translate News Chrome Web Store Calculator eBook Supplies 2,420 139,900 252,330 Land 170,940 168,120 121,750 Building Accumulated Depreciation-Building Equipment Accumulated Depreciation-Equipment Accounts Payable Unearned Rent Common Stock 14,920 8,470 80,000 194,100 18,550 403,160 Retained Earnings Dividends Fees Earned Salaries and Wages Expense Utilities Expense Advertising Expense Repairs Expense Miscellaneous Expense 240,280 52,810 28,220 21,370 7,660 993,340 993,340 The data needed to determine year-end adjustments are as follows: Depreciation of building for the year, $3,930. Depreciation of equipment for the year, $3,410. Accrued salaries and wages at July 31, $3,840, Check My Work 2 more Check My Works remaining o eBook Calculator r. Accrued salaries and wages at July 31, $3,840. Unexpired insurance at July 31, $5,940. Fees earned but unbilled on July 31, $22,580. Supplies on hand at July 31, $730. Rent unearned at July 31, $2,200. Required: 1. Journalize the adjusting entries using the following additional accounts: Salaries and Wages Paya Depreciation Expense-Equipment; and Supplies Expense. If an amount box does not require an entr July 31 ll 31 31 II 31 31 Check My Work 2 ore CheckMy Works remang 0
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