Pitman Company is a small editorial services company owned and operated by Jan Pitman. On October 31, 2019, the end of the current year, Pitman Company's accounting clerk prepared the following unadjusted trial balance:

Pitman Company
Unadjusted Trial Balance
October 31, 2019
	Debit Balances		Credit Balances
Cash	4,810
Accounts Receivable	43,680
Prepaid Insurance	8,140
Supplies	2,220
Land	128,440
Building	311,710
Accumulated DepreciationBuilding			156,940
Equipment	154,350
Accumulated DepreciationEquipment			111,780
Accounts Payable			13,700
Unearned Rent			7,770
Jan Pitman, Capital			331,700
Jan Pitman, Drawing	17,030
Fees Earned			370,140
Salaries and Wages Expense	220,600
Utilities Expense	48,490
Advertising Expense	25,910
Repairs Expense	19,620
Miscellaneous Expense	7,030
	992,030		992,030

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

Required:

Unexpired insurance at October 31, $5,450.

Supplies on hand at October 31, $670.

Depreciation of building for the year, $3,610.

Depreciation of equipment for the year, $3,130.

Unearned rent at October 31, $2,020.

Accrued salaries and wages at October 31, $3,530.

Fees earned but unbilled on October 31, $20,730.

1. Journalize the adjusting entries using the following additional accounts: Salaries and Wages Payable; Rent Revenue; Insurance Expense; Depreciation ExpenseBuilding; Depreciation ExpenseEquipment; and Supplies Expense.

a.	Insurance Expense
	Prepaid Insurance
b.	Supplies Expense
	Supplies
c.	Depreciation Expense-Building
	Accumulated Depreciation-Building
d.	Depreciation Expense-Equipment
	Accumulated Depreciation-Equipment
e.	Unearned Rent
	Rent Revenue
f.	Salaries and Wages Expense
	Salaries and Wages Payable
g.	Accounts Receivable
	Fees Earned

2. Determine the balances of the accounts affected by the adjusting entries, and prepare an adjusted trial balance. If an amount box does not require an entry, leave it blank.

Pitman Company
Adjusted Trial Balance
October 31, 2019
	Debit Balances	Credit Balances
Cash
Accounts Receivable
Prepaid Insurance
Supplies
Land
Building
Accumulated Depreciation-Building
Equipment
Accumulated Depreciation-Equipment
Accounts Payable
Unearned Rent
Salaries and Wages Payable
Jan Pitman, Capital
Jan Pitman, Drawing
Fees Earned
Rent Revenue
Salaries and Wages Expense
Utilities Expense
Advertising Expense
Repairs Expense
Depreciation Expense-Building
Depreciation Expense-Equipment
Insurance Expense
Supplies Expense
Miscellaneous Expense
Totals