LMS Intemational Limited is one of the leading financial consulting companies in India. On 31s March 2019, the company made some adjustments to the accounts and prepared Adjusted Trial Balance. Based on the following table, you are required to identify the adjustments and prepare the joumal entries for adjustments that the company recorded on March 31, 2019 [6] LMS International Limited Preparation of Adjusted Trial Balance March 31, 2019 Trial Balance (Rs) Adjusted Trial Balance (Rs) Account title Debit Credit Debit Credit Cash 131,000 131,000 Account receivable 104,000 119,000 Supplies 4,000 1,000 Prepaid rent 27,000 18,000 Land 45,000 45,000 Building 300,000 300,000 Accumulated Depreciation- 155,000 167,000 Building Account payable 159,000 159,000 Wage payable 1,000 Uneamed service revenue 40,000 10,000 Common stock 50,000 50,000 Retained eamings 52,000 52,000 Dividends 7,000 7,000 Service revenue 450,000 495,000* Wage expense 255,000 256,000 Supplies expense 3,000 Rent expense 25,000 34,000 Depreciation expense-building 12,000 Miscellaneous expense 8,000 8,000 Totals 906,000 906,000 934,000 934,000 *it includes Account receivable Rs 15,000 and uneamed sales revenue Rs 30,000. Solution