PR 3-5A Adjusting entries and adjusted trial balances Obj. 2, 3, 4,5,6 2. Total of Debit Rowland Company is a small editorial services company owned and operated by Marlene Row. column: $776,180 land. On August 31, 2018, the end of the current year, Rowland Company's accounting clerk prepared the following unadjusted trial balance: EXCEL TEMPLATE GENERAL LEDGER (Continued) 144 Chapter 3 The Adjusting Process Rowland Company Unadjusted Trial Balance August 31, 2018 Debit Balances Credit Balances Cash... 7,500 38,400 7,200 1,980 112,500 150.250 87,550 135,300 Accounts Receivable. Prepaid Insurance Supplies Land Building Accumulated Depreciation--Building. Equipment. Accumulated Depreciation-Equipment Accounts Payable Unearned Rent. Common Stock Retained Earnings Dividends Fees Earned. Salaries and Wages Expense. Utilities Expense.... Advertising Expense. Repairs Expense Miscellaneous Expense 97,950 12,150 6,750 75,000 146,000 15,000 324.600 193,370 42,375 22,800 17,250 6,075 750,000 750,000 . . The data needed to determine year-end adjustments are as follows: Unexpired insurance at August 31, $6,000. Supplies on hand at August 31, $480. Depreciation of building for the year, $7,500 Depreciation of equipment for the year, $4,150. Rent uneared at August 31, $1,550. Accrued salaries and wages at August 31, $3,200. Fees earned but unbilled on August 31, $11,330. Instructions 1. Journalize the adjusting entries using the following additional accounts: Salaries and Wages Payable; Rent Revenue; Insurance Expense; Depreciation Expense-Building; Depreciation Expense-Equipment; and Supplies Expense. 2. Determine the balances of the accounts affected by the adjusting entries, and prepare an adjusted trial balance