Problem 3-9A Adjusting entries (annual) L04 3 Rainmaker Environmental Consultants is just finishing its second year of operations. The company's unadjusted trial balance at October 31, 2020, follows: Credit Debit $ 25, 2e0 67,000 * Supplies 56,680 4,500 2,040 24,600 96,000 RADHAKER EWIRONMENTAL CONSULTANTS Unadjusted Trial Balance October 31, 2020 Acct.No. Account 101 Cash 106 Accounts receivable 109 Interest receivable 111 Notes receivable 126 128 Prepaid insurance 131 Prepaid rent 161 Office furniture 162 Accumulated depreciation, office furniture 201 Accounts payable 21e Wages payable 233 Unearned consulting revenue 301 capital 302 Jeff Moore, withdrawals 401 Consulting revenue 409 Interest income 601 Depreciation expense, office furniture 622 Wages expense 637 Insurance expense 640 Rent expense 650 Supplies expense Totals $ 32,000 17,200 Jeff Moore, 24,400 234,520 27, 200 238,020 198,000 0 40,000 5, een 5546,540 5546,540 Rainmaker prepares adjustments each October 31. The following additional information is available on October 31, 2020, o. It was determined that $11.200 of the unearned consulting revenue had not yet been earned b. It was discovered that $13,200 of the balance in the Consulting Revenue account was for services to be performed in November c. The balance in the Prepaid Rent account represents three months of rent beginning September 1, 2020 d. Accrued wages at October 31 totalled $6.000 c. The office furniture was purchased on March 1, 2019. and has an estimated useful life of two years. After two years of use, it is Varter that the furniture will he worthlece Problem 3-9A Adjusting entries (annual) L04 3 Rainmaker Environmental Consultants is just finishing its second year of operations. The company's unadjusted trial balance at October 31, 2020, follows: Credit Debit $ 25, 2e0 67,000 * Supplies 56,680 4,500 2,040 24,600 96,000 RADHAKER EWIRONMENTAL CONSULTANTS Unadjusted Trial Balance October 31, 2020 Acct.No. Account 101 Cash 106 Accounts receivable 109 Interest receivable 111 Notes receivable 126 128 Prepaid insurance 131 Prepaid rent 161 Office furniture 162 Accumulated depreciation, office furniture 201 Accounts payable 21e Wages payable 233 Unearned consulting revenue 301 capital 302 Jeff Moore, withdrawals 401 Consulting revenue 409 Interest income 601 Depreciation expense, office furniture 622 Wages expense 637 Insurance expense 640 Rent expense 650 Supplies expense Totals $ 32,000 17,200 Jeff Moore, 24,400 234,520 27, 200 238,020 198,000 0 40,000 5, een 5546,540 5546,540 Rainmaker prepares adjustments each October 31. The following additional information is available on October 31, 2020, o. It was determined that $11.200 of the unearned consulting revenue had not yet been earned b. It was discovered that $13,200 of the balance in the Consulting Revenue account was for services to be performed in November c. The balance in the Prepaid Rent account represents three months of rent beginning September 1, 2020 d. Accrued wages at October 31 totalled $6.000 c. The office furniture was purchased on March 1, 2019. and has an estimated useful life of two years. After two years of use, it is Varter that the furniture will he worthlece