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please fill in the journal entry with explaniation of each step and make sure its answered correctly Problem 3-9A Adjusting entries (annual) LO 4 Rainmaker

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Problem 3-9A Adjusting entries (annual) LO 4 Rainmaker Environmental Consultants is just finishing its second year of operations. The companys unadjusted trial balance at October 31, 2023, follows: Poinmaker prepares adjustments each October 31. The following addialonal information is avakbble on Octeber 31.2023. a. It was determined that $11,300 of the unearned consulting revenue had not yet been earned. a. It was detemined that $1,300 of the uneamed consulting revenue ned $13.300 of the balance in the Consulting Pevenue account was for services to be performed in Novecnber: Rainmaker prepares dijustments each October 31, The foliowing additional intormaticn is available on October 31,2023 a. It was determined that $1,300 of the unearned consulting revenue had not yet been earned. b. It was discovered that $13,300 of the balance in the Consulting Revenue account was for services to be performed in Nevember. c. The bolance in the Prepald Rent occount repeesents three menths of rent beginning September 1,2023. d. Accrued wages at October 31 totalled $6,00. e. The office furniture was purchased on March 1, 2022, and has an estimated useful Ife of two yoars. After two yours of use, it is expected that the furniture will be worthless. t. Accrued consulting reverwe at year-end totaled $3.500 9. Interest of $78 had accrued on the note receivable for the monst of Octobec. h. The balance in the Prepaid insurance account represents the remaining baiance of a two year policy purchased on April th, 2022 . 1. A count of the supplies on October 31 revealed a balance remaining of $550. Assume Rainmaker Environmental uses the straight-line method to depreciste its assets. Required: Prepare the annual adjusting journal entries for October 31, 2023, based on the above. Assume Rainmaker Environmental uses the straight-line method to dopreciate its assets. Required: Prepare the annual adjusting journal entries for October 31, 2023, based on the above. Journal entrv worksheet Required: Prepare the annual adjusting journal entries for October 31,2023 , based on the above. Journal entry worksheet

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