ne spresdsheet in a safe place for future PS Music's chart of accounts and the balance of accounts as of July 1, 2019 (all normal balances), are as follows: 11 Cash 12 Accounts Receivable $3,920 41 Fees Earned $6,200 400 800 675 300 1,590 500 180 415 1,000 50 Wages Expense 14 Supplies 15 Prepaid Insurance 17 Office Equipment 21 Accounts Payable 23 Unearned Revenue 31 Peyton Smith, Capital 32 Peyton Smith, Drawing Required: Review the spreadsheet and notice that the July 1, 2019. account balances have been entered in the appropriate balance column of the four-column accounts. The word Balance has been entered in the Item column, and a check mark (v) has beer entered in the Posting Reference column. 170 51 Office Rent Expense -52 Equipment Rent Expense 53 Utilities Expense 250 54 Music Expense SS Advertising Expense 4,000 56 Supplies Expense 500 59 Miscellaneous Expense 100%