okel -wlakeAsighmentsessionocator-assignn Book Calculalo Adiusting entries and adjusted trial balances Chart of Accounts Journal Adjusted Trial Balance Instructions Rowland Company is a small editorial services company owned and operated by Marlene Rowland. On August 31, 2018, the end of the current year, Rowfand Company's accounting clerk prepared the following unadjusted trial balance Rowland Company UNADJUSTED TRIAL BALANCE August 31, 2018 ACCOUNT TITLE DESIT CREDIT 1 Cash 2 Accounts Recelvable 5 Prepaid Insurance 7,420.00 8,115 00 705000 1,630.00 114,550.00 150,250.00 Supplies s Land sBuilding 88,800.00 1 Equipment 133,200.00 Accounts Payable ll Uneaned Rent 12 Common Stock 3 Retained Eanings 4 Dividends 96,605 00 12,560.00 7,035.00 74,98000 142235.00 15,055.00 Fees Earned 527,900 00 s Salaries and Wages Expense Udilities Expense u Advertising Expense 194,870 00 42,345.00 22,335 00 17 690.00 Chart of Accounts Journal Adjusted Trial Belance Instructions 7,035.00 4 980.00 142,23500 s Unearned Rent 2Common Stock Retained Earnings 14 Dividends 15 Fees Eaned 15,055.00 327,900.00 194,870.00 42,34500 22,33500 1769000 | 5,605.00 50,11500 Salaries and Wages Expense 17Uilities Expense Advertising Expense Repairs Expense 20 Miscellaneous Expense Totals 750,115.00 The data needed to determine year-end adjustments are as follows a Unexpired insurance at August 31, $6,130 b. Supplies on hand at August 31, 5615 c Depreciation of building for the year, $7,610 d. Depreciation of equipment for the year, $4.300 e. Rent unearmed at August 31, $1,490 t. Accrued salaries and wages at August 31, $3,040 g Fees earned but unbilled on August 31, $10,865 Required: 1 Journalze the adusting entries using the blong adde alocount Saae, and able-Ret Revenue, Insurance Expense. DeresatonEnent- Expense-Equpment and Supplies Expense. Reter to the Chart of Accounts for exact wording ofr account todes 2. Determine the balances of the accounts affected by the adjusting entries, and prepare an adjusted Check My Work All work saved. ions art of Accounts CHART OF ACCOUNTS Rowland Company General Ledger REVENUE 41 Fees Eaned 42 Rent Revenue ASSETS 11 Cash 12 Accounts Receivable 13 Prepaid Insurance 14 Supplies 15 Land 16 Building EXPENSES 51 Salaries and Wages Expense 52 Utilities Expense 53 Advertising Expense 54 Repairs Expense 18 Equipment LIABILITIES 21 Accounts Payable 22 Unearmed Rent 23 Salaries and Wages Payable 56 Depreciation Expense-Equipment 57 Insurance Expense 58 Supplies Expense 59 Miscellaneous Expense EQUITY 31 Common Stock 32 Retained Earnings 33 Dividends oWv2 | Online teachirX + n/ilm/takeAssignment/takeAssignmentMain.do?invoker & SessionLocator assignment-take&inprogress false Calculalor husting entries and adiusted trial balances 23 3 1 Journalize the asdjusting entries using the following aditional accounts Salarnes and Wages Payable: Rent Revenue Insurance Expense nscanten En Building OURNAL Score: 148/176 ACCOUNTING EQUATION usting Enries Aug31 Insurance Expense ug 31 Supplies Expense ug 31 Depreciation Expese-Bulding u31 Depreclation Expense Eqipment 1,20000 Prepaid lesurance 20000 1,00000 Supplies 1000 00 7,500 00 7,500 00 150 00 150.00 20000 Rent Revenue ,200 00 5 Salarles and Wages Expense 5,200 00 Salaries and Wages Payable ,20000 31 Accounts Recealbie 11,330.00 Fees Lametd 03 Chart of Accounts Journal Shaded ce Adjusted Trial Balance August 31, 2018 ACCOUNT TITLE DESIT CREDIT Cash 38,400.00 Accounts Receivable Prepaid Insurance Supplies Land Building Equipment Accumuted Depreciation-Equipment Accounts Payable s Unearned Rent Sataries and Wages Payabie Common Stock 14 Retained Eanings 1 Dividends Fees Eamed 7 Rent Rrvenue Salaries and Wages Expense Uies Expense 2Advertising Expense Repairs Expense 03 Instructions Chart of Accounts Journal Shaded cells Adjusted Trial Balance Equipment Accounts Payable Unearned Rent Salaries and Wages Payable Common Stock Retained Earnings 5 Dividends Fees Eamed 1 Rent Revenue Salaries and wages Expense 1s Uilities Expense 0 Advertising Expense Repairs Expense Depreciation Expense Equipment 4 Incurance Expense Supplies Expense Totals