Preparing Accounting Adjustments BensEx, a mailing service, has just completed its first year of operations on December 31. Its account balances before year-end adjustments follow; no adjusting entries have been made to the accounts at any time during the year. Assume all balances are normal. Cash Accounts receivable $3,060 9.216 Prepaid advertising 3.024 Supplies 11.286 Equipment 76.032 Notes payable 13.500 Accounts payable 4.860 Common stock 17.154 Mailing fees earned 154,800 Wages expense 69.840 Rent expense 12.420 Utilities expense 5436 An analysis of the firm's records reveals the following (business began on January 1) Support