I need help with this as my online instructor is awful with no explanations, videos, or insight of any sort. If someone can please help me with this, I'd appreciate it more than you can imagine.

On December 31, the following data were accumulated for preparing the adjusting entries for Flagship Realty The supplies account balance on December 31 is $1,585. The supplies on hand on December 31 are $320 The uneared rent account balance on December 31 is $10,350 representing the receipt of an advance payment on December 1 of five months' rent from tenants. Wages accrued but not paid at December 31 are $3,710. Fees earned but unbilled at December 31 are $21,610. Depreciation of office equipment is $3,340. Required: 1 Joumalize the adjusting entries required at December 31. Refer to the chart of accounts for the exact wording of the account titles. CNOW joumals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW joumals will automatically indent a credit entry when a credit amount is entered. 2 What is the difference between adjusting entries and correcting entries? CHART OF ACCOUNTS Flagship Realty General Ledger ASSETS REVENUE 11 Cash 41 Fees Earned 12 Accounts Receivable 42 Rent Revenue 13 Supplies EXPENSES 14 Prepaid Insurance 51 Advertising Expense 15 Land 52 Insurance Expense 16 Office Equipment 53 Rent Expense 17 Accumulated Depreciation Office Equipment 54 Wages Expense