Martin Editing Company is a small editorial services company owned and operated by Andrew Martin. On August 31, 20Y1, the end of the current year, Martin Editing Companys accounting clerk prepared the following unadjusted trial balance:

The data needed to determine year-end adjustments are as follows: Unexpired insurance at August 31, $1,800. Supplies on hand at August 31, $300. Depreciation of building for the year, $7,500. Depreciation of equipment for the year, $6,000. Rent unearned at August 31, $2,250. Accrued salaries and wages at August 31, $2,175. Fees earned but unbilled on August 31, $12,700.

1.	Journalize the adjusting entries using the following additional accounts: Salaries and Wages Payable; Rent Revenue; Insurance Expense; Depreciation ExpenseBuilding; Depreciation ExpenseEquipment; and Supplies Expense.
2.	Determine the balances of the accounts affected by the adjusting entries, and prepare an adjusted trial balance.

Instructions Martin Editing Company UNADJUSTED TRIAL BALANCE August 31, 20Y1 \begin{tabular}{|r||l|r||r||} \hline 12 & Common Stock & & \\ \hline 13 & Retained Earnings & & 75,000.00 \\ \hline 14 & Dividends & & 146,000.00 \\ \hline 15 & Fees Earned & 15,000.00 & \\ \hline 16 & Salaries and Wages Expense & & 324,600.00 \\ \hline 17 & Utilities Expense & 193,370.00 & \\ \hline 18 & Advertising Expense & 42,375.00 & \\ \hline 19 & Repairs Expense & 22,800.00 & \\ \hline 20 & Miscellaneous Expense & 17,250.00 & \\ \hline 21 & Totals & 6,075.00 & \\ \hline \end{tabular}