Prepare the adjusting entries for Alert Security Services Co. Refer to the Chart of Accounts for correct wording of account titles.

Alert Security Services Co. offers security services to business clients. The trial balance for Alert Security Services Co. has been prepared on the following end-of-period spreadsheet for the year ended October 31, 2016:

Alert Security Services Co.

End-of-Period Spreadsheet

For the Year Ended October 31, 2016

1		Unadjusted	Unadjusted			Adjusted	Adjusted
2		Trial Balance	Trial Balance	Adjustments	Adjustments	Trial Balance	Trial Balance
3		Debit	Credit	Debit	Credit	Debit	Credit
4	Cash	12.00
5	Accounts Receivable	90.00
6	Supplies	8.00
7	Prepaid Insurance	12.00
8	Land	190.00
9	Equipment	50.00
10	Accumulated Depreciation-Equipment		4.00
11	Accounts Payable		36.00
12	Wages Payable		0.00
13	Brenda Schultz, Capital		260.00
14	Brenda Schultz, Drawing	8.00
15	Fees Earned		200.00
16	Wages Expense	110.00
17	Rent Expense	12.00
18	Insurance Expense	0.00
19	Utilities Expense	6.00
20	Supplies Expense	0.00
21	Depreciation Expense	0.00
22	Miscellaneous Expense	2.00
23	Totals	$500.00	$500.00

The data for year-end adjustments are as follows:

	Fees earned, but not yet billed, $13.
	Supplies on hand, $4.
	Insurance premiums expired, $10.
	Depreciation expense, $3.
	Wages accrued, but not paid, $1.

Prepare the adjusting entries for Alert Security Services Co. Refer to the Chart of Accounts for correct wording of account titles.

CHART OF ACCOUNTS

Alert Security Services Co.

General Ledger

	ASSETS
11	Cash
12	Accounts Receivable
13	Supplies
14	Prepaid Insurance
15	Land
16	Equipment
17	Accumulated Depreciation-Equipment

	LIABILITIES
21	Accounts Payable
22	Wages Payable

	EQUITY
31	Brenda Schultz, Capital
32	Brenda Schultz, Drawing

Prepare the adjusting entries for Alert Security Services Co. Refer to the Chart of Accounts for correct wording of account titles.

PAGE 10

JOURNAL

	DATE	DESCRIPTION	POST. REF.	DEBIT	CREDIT
1		Adjusting Entries
2
3
4
5
6
7
8
9
10
11

	REVENUE
41	Fees Earned

	EXPENSES
51	Wages Expense
52	Rent Expense
53	Insurance Expense
54	Utilities Expense
55	Supplies Expense
56	Depreciation Expense
57	Miscellaneous Expense