Obj. 6 EX 3-27 Adjusting entries from trial balances Corrected trial The accountant for Eva's Laundry prepared the following unadjusted and adjusted trial balances balance totals, Assume that all balances in the unadjusted trial balance and the amounts of the adjustments are correct. Identify the errors in the accountant's adjusting entries, assuming that none of the $369,000 accounts were affected by more than one adjusting entry Eva's Laundry Trial Balances May 31, 2018 Unadjusted Credit Balances Adjusted Debit Balances Credit Balances Debit Balances 7,500 7,500 Cash Accounts Receivable. o00 Laundry Supplies. co0.Prepaid Insurance 18,250 23,250 6,750 3,750 5,200 190,000 1,600 177,000 Laundry Equipment Accumulated Depreciation-Laundry Equipment. Accounts Payable Wages Payable Common Stock Retained Earnings 48,000 48,000 9,600 9,600 1,000 35,000 75,300 35,000 75,300 28,775 28,775 Dividends 182,100 182,100 Laundry Revenue... Wages Expense Rent Expense Utilities Expense Depreciation Expense Laundry Supplies Expense Insurance Expense 49,200 49,200 25,575 25,575 18,500 18,500 13,000 3,000 600 3,250 3,250 Miscellaneous Expense 351,000 350,000 358,000 350,000 $3,600 of insurance expired during the year