PR 3-5B Adjusting entries and adjusted trial balances Obj. 2, 3, 4, 5, 6 Reece Financial Services Co., which specializes in appliance repair services, is owned and oper- ated by Joni Reece. Reece Financial Services' accounting clerk prepared the following unadjusted trial balance at July 31, 2019: PR 3-6B Adjusting entries and errors Obj. 2,3,4,5 At the end of August, the first month of operations, the following selected data were taken from the financial statements of Tucker Jacobs, an attorney: Net income for August $112,500 Total assets at August 31 650,000 Total liabilities at August 31 225,000 Total stockholders' equity at August 31 425,000 In preparing the financial statements, adjustments for the following data were overlooked: Unbilled fees earned at August 31, $31,900. Depreciation of equipment for August, $7,500. Accrued wages at August 31, $5,200. Supplies used during August, $3,000. . PR 3-5B Adjusting entries and adjusted trial balances Obj. 2, 3, 4, 5, 6 Reece Financial Services Co., which specializes in appliance repair services, is owned and oper- ated by Joni Reece. Reece Financial Services' accounting clerk prepared the following unadjusted trial balance at July 31, 2019: PR 3-6B Adjusting entries and errors Obj. 2,3,4,5 At the end of August, the first month of operations, the following selected data were taken from the financial statements of Tucker Jacobs, an attorney: Net income for August $112,500 Total assets at August 31 650,000 Total liabilities at August 31 225,000 Total stockholders' equity at August 31 425,000 In preparing the financial statements, adjustments for the following data were overlooked: Unbilled fees earned at August 31, $31,900. Depreciation of equipment for August, $7,500. Accrued wages at August 31, $5,200. Supplies used during August, $3,000