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, 2018: Reece Financial Services Co. Unadjusted Trial Balance July 31, 2018 Debit Credit Balances Balances 10,200 34,750 6,000 1,725 50,000 155,750 62,850 45,000 Cash ............... 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 .... 17,650 3,750 3,600 60,000 93,550 8,000 158,600 56,850 14,100 7,500 6,100 4,025 400,000 400,000 (Continue 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, 2018: Reece Financial Services Co. Unadjusted Trial Balance July 31, 2018 Debit Credit Balances Balances 10,200 34,750 6,000 1,725 50,000 155,750 62,850 45,000 Cash ............... 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 .... 17,650 3,750 3,600 60,000 93,550 8,000 158,600 56,850 14,100 7,500 6,100 4,025 400,000 400,000 (Continue