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please fix my mistakes Rowland Company Unadjusted Trial Balance August 31, 2018 Debit Balances Credit Balances Cash 3,590 Accounts Receivable 32,590 Prepaid Insurance Supplies 6,080
please fix my mistakes Rowland Company Unadjusted Trial Balance August 31, 2018 Debit Balances Credit Balances Cash 3,590 Accounts Receivable 32,590 Prepaid Insurance Supplies 6,080 1,660 95,830 Land 172,870 Building Accumulated Depreciation-Building Equipment Accumulated Depreciation Equipment Accounts Payable 117,090 115,160 Unearned Rent 83,400 10,220 5,800 Common Stock Retained Earnings 80,000 107,800 12,700 Dividends Fees Earned Salaries and Wages Expense Utilities Expense Advertising Expense 276,160 164,590 36,180 19,330 Pre All work saved O GIF Clear Equipment Accumulated Depreciation--Equipment 115,160 83,400 Accounts Payable 10,220 Unearned Rent 5,800 Common Stock Retained Earnings 80,000 107,800 Dividends 12,700 Fees Earned 276,160 164,590 Salaries and Wages Expense Utilities Expense Advertising Expense Repairs Expense Miscellaneous Expense 36,180 19,330 14,640 5,250 680,470 680,470 The data needed to determine year-end adjustments are as follows: Unexpired insurance at August 31, $4,070. Supplies on hand at August 31, $500, Depreciation of building for the year, 52,690. Depreciation of equipment for the year, $2,340. Rent unearned at August 31, $1,510, Accrued salaries and wages at August 31, $2,630 Fees earned but unbilled on August 31, 115,460 Required: 1. Journalize the adjusting entries using the following additional accounts: Salaries and Wages Payable) Rent Revenue, Insurance Depreciation Expense-Building: Depreciation Expense-Equipment and Supplies Expanse 1. Journalize the adjusting entries using the following additional accounts: Salaries and Wages Payable; Ren Depreciation Expense-Building; Depreciation Expense-Equipment; and Supplies Expense. a. Insurance Expense 2,010 Prepaid Insurance 2,010 1,160 b. Supplies Expense Supplies 1.160 2,690 c. Depreciation Expense-Building Accumulated Depreciation-Building 2,690 2,340
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