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please make sure complete all the parts of the questions Adjusting Entries Selected account balances before adjustment for Intuit Realty at November 30, the end

please make sure complete all the parts of the questions

Adjusting Entries

Selected account balances before adjustment for Intuit Realty at November 30, the end of the current year, follow:

Debits Credits
Accounts Receivable $66,980
Equipment 103,000
Accumulated Depreciation - Equipment $10,310
Prepaid Rent 8,400
Supplies 2,010
Wages Payable _
Unearned Fees 9,240
Fees Earned 391,160
Wages Expense 131,950
Rent Expense _
Depreciation Expense _
Supplies Expense _

Data needed for year-end adjustments are as follows:

Required:

Supplies on hand at November 30, $600.

Depreciation of equipment during year, $1,000.

Rent expired during year, $6,160.

Wages accrued but not paid at November 30, $1,940.

Unearned fees at November 30, $3,880.

Unbilled fees at November 30, $4,620.

1. Journalize the six adjusting entries required at November 30, based on the data presented.

Nov. 30
30
30
30
30
30

2. What would be the effect on the income statement if the adjustments for equipment depreciation and unearned fees were omitted at the end of the year? Enter all amounts as positive numbers.

Fees earned by $
Depreciation expense by $
Net income by $

3. What would be the effect on the balance sheet if the adjustments for equipment depreciation and unearned fees were omitted at the end of the year? Enter all amounts as positive numbers.

Accumulated depreciation by $
Total assets by $
Unearned fees by $
Total liabilities by $
Owner's equity by $
Total liabilities and owner's equity by $

4. What would be the effect on the Net increase or decrease in cash on the statement of cash flows if the adjustments for equipment depreciation and unearned fees were omitted at the end of the year?

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