LUISting entries and adjusted trial balances Instructions Sears Editing Company is a small editorial services company owned and operated by Delos Sears on January y aces company owned and operated by Deloris fers Onl 31, 2011, the end of the current year Sears Editing Company's accounting clerk prepared the lo unadjusted trial balance Sears Editing Company UNADJUSTED TRIAL BALANCE January 31, 2011 ACCOUNT TITLE 1 Cash 2 Accounts Receivable DOBIT 2,710.00 37.955.00 7070.00 1 Prepaid Insurance Supplies 2,125.00 Land 10,000 & Building 145.500.00 35.610.00 154.00 Accumulated Depreciation Building # Equipment Accumulated Depreciation Equipment Accounts Payable u Uneamed Rent 10000 12.635.00 6,54000 75,495.00 144.195.00 15.170.00 Common Stock 1 Retained Earings # Dividende Fees Earned * Staries and Wages Expense 525.700.00 196.770.00 1 Utilities Expense 42.265.00 25.135.00 Adverthing Expense 17.195.00 Repairs Expense Miscellaneous Expense 744.065.00 744D65.00 Totals 17 Utilities Expense 42,265.00 18 Advertising Expense 23,135.00 19 Repairs Expense 17,195.00 6,240.00 20 Miscellaneous Expense 21 Totals 744,065.00 744,065. The data needed to determine vear-end adjustments are as follows: a. Unexpired insurance at January 31, $6,105. b. Supplies on hand at January 31, $485. c. Depreciation of building for the year. $7,140. d. Depreciation of equipment for the year. $4,445. e. Rent unearned at January 31, $1,890. 1. Accrued salaries and wages at January 31, $3,330. 9. Fees earned but unbilled on January 31, $11,475. Required: 1. Journalize the adjusting entries using the following additional accounts: Salaries and War Depreciation Expense-Building: Depreciation Expense-Equipment; and Supplies Expe of account titles Chart of Accounts CHART OF ACCOUNTS Sears Editing Company General Ledger REVENUE 41 Fees Earned 42 Rent Revenue ASSETS 11 Cash 12 Accounts Receivable 13 Prepaid Insurance 14 Supplies 15 Land 16 Building 17 Accumulated Depreciation Building 18 Equipment 19 Accumulated Depreciation Equipment EXPENSES 51 Salaries and Wages Expense 52 Utilities Expense 53 Advertising Expense 54 Repairs Expense 55 Depreciation Expense Building 56 Depreciation Expense-Equipment 57 Insurance Expense 58 Supplies Expense 59 Miscellaneous Expense LIABILITIES 21 Accounts Payable 22 Uneared Rent 23 Salaries and Wages Payable EQUITY 31 Common Stock 32 Retained Earnings 33 Dividends Journal