Martin Publishing Services $is$ a small editorial services business owned and operated $by$ Andrew Martin. $On$ August $31,20Y1,$ the end $of$ the current year, Martin Publishing Services' accounting clerk prepared

the following unadjusted trial balance:

$\begin{array}{cc}13& \text{A}\text{n}\text{d}\text{r}\text{e}\text{w}\text{M}\text{a}\text{r}\text{t}\text{i}\text{n}\\ \text{D}\text{r}\text{a}\text{w}\text{i}\text{n}\text{g}& 15\\ 120\mathrm{.}00& ?\\ 14& \text{F}\text{e}\text{e}\text{s}\text{E}\text{a}\text{r}\text{n}\text{e}\text{d}\\ ?& 323\\ 700\mathrm{.}00& ?\\ 15& \text{S}\text{a}\text{l}\text{a}\text{r}\text{i}\text{e}\text{s}\text{a}\text{n}\text{d}\text{W}\text{a}\text{g}\text{e}\text{s}\text{E}\text{x}\text{p}\text{e}\text{n}\text{s}\text{e}\\ 196& 770\mathrm{.}00\\ ?& ?\\ 16& \text{U}\text{t}\text{i}\text{l}\text{i}\text{t}\text{i}\text{e}\text{s}\text{E}\text{x}\text{p}\text{e}\text{n}\text{s}\text{e}\\ 42& 265\mathrm{.}00\\ ?& ?\\ 17& Advertising\text{E}\text{x}\text{p}\text{e}\text{n}\text{s}\text{e}\\ 23& 135\mathrm{.}00\\ ?& ?\\ 18& \text{R}\text{e}\text{p}\text{a}\text{i}\text{r}\text{s}\text{E}\text{x}\text{p}\text{e}\text{n}\text{s}\text{e}\\ 17& 195\mathrm{.}00\\ ?& ?\\ 19& \text{M}\text{i}\text{s}\text{c}\text{e}\text{l}\text{l}\text{a}\text{n}\text{e}\text{o}\text{u}\text{s}\text{E}\text{x}\text{p}\text{e}\text{n}\text{s}\text{e}\\ 6& 240\mathrm{.}00\\ ?& ?\\ 20& \text{T}\text{o}\text{t}\text{a}\text{l}\text{s}\\ 744& 065\mathrm{.}00\\ 744& 065\mathrm{.}00\end{array}$ Instructions

The data needed $to$ determine year$-$end adjustments are $as$ follows:

Unexpired insurance $at$ August $31,$ $$6,105.$

Supplies $on$ hand $at$ August $31,$ $$485.$

Depreciation $of$ building for the year, $$7,140.$

Depreciation $of$ equipment for the year, $$4,445.$

Rent unearned $at$ August $31,$ $$1,890.$

Accrued salaries and wages $at$ August $31,$ $$3,330.$

Fees earned but unbilled $on$ August $31,$ $$11,475.$Required:

Journalize the adjusting entries using the following additional accounts: Salaries and Wages Payable; Rent Revenue; Insurance Expense;

Depreciation Expense$-$Building; Depreciation Expense$-$Equipment; and Supplies Expense.

Determine the balances $of$ the accounts affected $by$ the adjusting entries, and prepare $an$ adjusted trial balance.