Miller Rides is owned by Jason Miller. The company has an August 31 fiscal year end and prepares adjustments on an annual basis. The following is an alphabetical list of its accounts at August 31, 2024, before adjustments. All accounts have normal balances. Accounts payable Accounts receivable Accumulated depreciation-equipment Accumulated depreciation-vehicles Cash Equipment Fuel expense Interest expense J. Miller, capital J. Miller, drawings Notes payable $5,620 7,300 24,750 175,125 8,950 40,600 24,000 9,630 105,010 140,300 164,400 Notes payable Prepaid insurance Rent expense Salaries expense Service revenue Supplies Unearned revenue Vehicles Additional information: 1. 2. 3. 4 5. 164,400 12,516 22,380 140,610 329,371 4,480 26,790 420,300 On August 31, a physical count shows $690 of supplies on hand. The insurance policy has a one-year term that began on November 1, 2023. The equipment has an estimated useful life of 10 years. The vehicles have an estimated useful life of 12 years. The company collects cash in advance for any special services requested by customers. As at August 31, the company has provided all but $4,220 of these services. The note payable has an annual interest rate of 7.0%. Interest is paid on the first day of each month. 3. 4. 5. a 6. THE Erany a var sagan va 7. The equipment has an estimated useful life of 10 years. The vehicles have an estimated useful life of 12 years. The company collects cash in advance for any special services requested by customers. As at August 31, the company has provided all but $4,220 of these services. The note payable has an annual interest rate of 7.0%. Interest is paid on the first day of each month. Employees are paid a combined total of $530 per day. At August 31, 2024, five days of salaries are unpaid. Employees do not work weekends. On August 31, the company provided $1,270 of services for a senior citizens' group. The group was not billed for the services until September 2. 8. Additional fuel costs of $610 have been incurred but not recorded. (Use the Accounts Payable account.) Post the adjusting entries. (Post entries in the order of journal entries presented in the previous part.) Aug. 31 Aug. 31 Aug. 31 # 4 Cash 8,950 Accounts Receivable 7,300 Prepaid Insurance 12,516 # + ||