Guantanamo Company is a small editorial services company owned and operated by Ronaldo Manuel. On December 31, 2003, the end of the current year, Guantanamo Company's accounting clerk prepared the trial balance shown below. The data needed to determine year-end adjustments are as follows: a. Unexpired insurance at December 31, P1,900. b. Supplies on hand at December 31, P475. C. Depreciation of building for the year, P1,620. d. Depreciation of equipment for the year, P5,500. e. Rent unearned at December 31, P1,500. f. Accrued salaries and wages at December 31, P2,050. g. Fees earned but unbilled on December 31, P4,150. Instructions 1. Journalize the adjusting entries. Add additional accounts as needed. 2. Determine the balances of the accounts affected by the adjusting entries and prepare an adjusted trial balance. Guantanamo Company Unadjusted Trial Balance December 31, 2020 Debit Credit Cash 5,700 Accounts Receivable 21,900 Prepaid Insurance 4,500 Supplies.. 1,720 Land 75,000 Building 141,500 Accumulated Depreciation-Building 91,700 Equipment.. 90,100 Accumulated Depreciation-Equipment: 65,300 Accounts Payable. 8,100 Unearned Rent 7,500 Ronaldo Manuel, Capital. 134,000 Ronaldo Manuel, Drawing 10,000 Fees Earned 218,400 Salaries and Wages Expense . 110,580 Utilities Expense 28,250 Advertising Expense. 20,200 Repairs Expense 11,500 Miscellaneous Expense 4,050 525,000 525,000