Problem 3-9A Adjusting entries (annual) LO4 Rainmaker Environmental Consultants is just finishing its second year of operations. The company's unadjusted trial balance at October 31, 2020, follows: Credit RAINMAKER ENVIRONMENTAL CONSULTANTS Unadjusted Trial Balance October 31, 2020 Acct.No. Account Debit 101 Cash $ 26,300 106 Accounts receivable 64,000 109 Interest receivable 111 Notes receivable 53,000 126 Supplies 5,600 128 Prepaid insurance 3,910 131 Prepaid rent 27,900 161 Office furniture 75,000 Accumulated depreciation, office 162 furniture 201 Accounts payable 210 Wages payable 233 Unearned consulting revenue 301 Jeff Moore, capital 302 Jeff Moore, withdrawals 28,300 401 Consulting revenue 409 Interest income 601 Depreciation expense, office 0 furniture 622 Wages expense 195,000 637 Insurance expense 0 640 Rent expense 45,500 650 Supplies expense 7,100 Totals $531,610 $ 25,000 18,300 0 26,600 226, 180 235,020 510 $531,610 Rainmaker prepares adjustments each October 31. The following additional information is available on October 31, 2020. a. It was determined that $12,300 of the unearned consulting revenue had not yet been earned. b. It was discovered that $14,300 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 $7,100. e. 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 expected that the furniture will be worthless. f. Accrued consulting revenue at year-end totalled $4,500. g. Interest of $88 had accrued on the note receivable for the month of October. h. The balance in the Prepaid Insurance account represents the remaining balance of a two-year policy purchased on April 1, 2019. i. A count of the supplies on October 31 revealed a balance remaining of $650. Assume Rainmaker Environmental uses the straight-line method to depreciate its assets. Required: Prepare the annual adjusting journal entries for October 31, 2020, based on the above. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)