Please answer with correct amounts. On the journal, the ones in red are wrong!
ournal Adjusted Trial Batance Rowland Company is a small editorial services company owned and operated by Marlene Rowland. On August 31.2018, the end ofthe ourrent yew. Rowland Company's accourting dlerk prepared the following unadusted triai baliance Rowland Company UNADJUSTED TRIAL BALANCE August 31, 2018 ACCOUNT TITLE CREDIT DEDIT 7420.00 Cash 2Accounts Receivable 3 Prepaid Insurance 58,115.00 1,630.00 114550 00 150250.00 Supplies Building 38,300 00 Equipment 133,200.00 96,605.00 12,560.00 2,055.00 74,980.00 142,235.00 ' Accounts Payette nCommon Stock s Retained Earnings 15,055.00 Dividends 15 Fees Eaned 1s Salaries and Wages Expense 327,900.00 194,870 00 42,345.00 22335.00 17,690 00 5,605 00 750 115 00 Uduties Expense a Advenising Expense | Repairs Expense Miscellaneous Expense Totals 750115.00 i Retained Eanings 142,235.00 15,055.00 Dividends u Fees Earned 14 Salaries and Wages Expense 17 Utilities Expense 327,900.00 194,870.00 42345.00 22,335.00 17,690.00 5,605.00 750 115.00 | Advertising Expense Repairs Expense 2Miscellaneous Expense 2 Totals 750,115.00 The data needed to determine year-end adjustments are as folows a Unexpired insurance at August 31. 50,130 b. Supplies on hand at August 31, $815 c. Desusaaton of bulding for the year, S7010. d. Depreciation of equipment for the year $4.300 e Rent unearned at August 31, $1.400 t Accrued salaries and wages at August 31. $3,040 o Fees earned but unbilled on August 31. 310.885 Required 1. Joumalize the adjusting entries uaing the following additional accounts: Salaries and Wages Payable Rent Revenue insurance Expense, Degreciation Espenes-Building Refer to the Chart of Accounts for exact wordling of account titles 2. Determine the balances of the accounts affected by the adjusting entriea and prepare an aqjusted trial balance Check My Work 1 bumalte te uting eres uang the followng adtiona acoount Salanes and Wages Payable Rent Revenue narece E pense, Depreciation Expense Equipment, and Supplies Expense. Refer to the Chart of Accounts for exact wording of account fitles JOURNAL Score: 148/176 POST RODCSIT CREDIT Adjusting Entries Aug 31 Insurance Expense 1,200.00 Prepaid Insurance 20000 Aug 31 Supplies Expense 1,00000 Supplies 1,000.00 Aug 31 Depreciation Expense-Building 7,500.00 7,500.00 15000 4,150.00 Aug 31 Uneemed Rent Aug 51 Selaries and Wages Expense Aug 31 Accounts Receiveble .se 5,200.00 Rent Revenue 5,200.00 3,20000 Selaries and Wages Payable 5,200.00 11,33000 Fees Earned 11,330.00 Check My Work Before you begin identify which adjusting entry goes with which additional account As you go through each of these, consider the other sides ransacsion and identity related accounts. Keep in mind that you wil be making an adjusting entry for each of these that affects a least one inoom Check My Work All work s glinendtakeAssignmentMain.do?invoker-&takeAssignmentSessionLocator ass Adjusting entries and adjusted trial balances Chart of Accounts Journal Adjusted Trial Balance August 31, 2018 ACCOUNT TITLE Cash H 2Accounts Receivable 58,400.00 3 Prepaid Insurance Supplies Building Equipment Accounts Payable Unearned Rent Salaries and Wages Payable Common Stock s Retained Earnings s5 Dividends Fees Eamed 7 Rent Revenue Salaries and Wages Expense Utilities Expense n Advertising Expense 2 Repairs Expense | Depreciation Expenselgipment a Insurance Expense Supplies Expense Miscelleneous Expense Totas
