Rainmaker Environmental Consultants is just finishing its second year of operations. The company's unadjusted trial balance at October 31, 2020, follows: RAINMAKER ENVIRONMENTAL CONSULTANTS Unadjusted Trial Balance October 31, 2020 Account Acct.No. Debit Credit 101 Cash $ 25,500 106 Accounts receivable 64,000 109 Interest receivable 0 111 Notes receivable 53,000 126 Supplies 4,800 128 Prepaid insurance 2,550 131 Prepaid rent 25,500 161 office furniture 81,000 162 Accumulated depreciation, office furniture 201 Accounts payable $27,000 17,500 210 Wages payable 0 233 Unearned consulting revenue 301 Jeff Moore, capital 25,000 221,700 302 Jeff Moore, withdrawals 27,500 401 Consulting revenue 235,020 409 Interest income 430 601 Depreciation expense, office furniture 0 622 Wages expense 195,000 637 Insurance expense 0 640 Rent expense 41,500 650 Supplies expense 6,300 Totals $526,650 $526,650 fallende additional information le available on October 31, 2020. Rainmaker prepares adjustments each October 31. The following additional information is available on October 31, 2020. a. It was determined that $11,500 of the unearned consulting revenue had not yet been earned. b. It was discovered that $13,500 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 $6,300. 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 $3,700. g. Interest of $80 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 $570. 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.) View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 9. Record the earned consulting revenue. 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.) View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 9 Record the earned consulting revenue. Note: Enter debits before credits. Date Oct 31, 2020 General Journal Debit Credit Record entry Clear entry View general journal 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.) View transaction list Journal entry worksheet < 1 2 3 4 5 6 7 8 9 Record the Unearned consulting revenue, which was incorrectly recorded earlier as earned. Note: Enter debits before credits. Date Oct 31, 2020 General Journal Debit Credit Record entry Clear entry View general journal 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.) View transaction list Journal entry worksheet 2 3 4 5 6 7 8 9 Record the expired prepaid rent. Note: Enter debits before credits. Date Oct 31, 2020 General Journal Debit Credit View general journal Record entry Clear entry 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.) Save & Ext Submit View transaction list Journal entry worksheet 3 4 5 7 8 9 Record the accrued wages. Note: Enter debits before credits. Date Oct 31, 2020 General Journal Debit Credit View general journal Clear entry Record entry View transaction list Journal entry worksheet < 1 2 3 4 5 6 7 8 9 Record the depreciation expense. Note: Enter debits before credits. Date Oct 31, 2020 General Journal Debit Credit View general journal Record entry Clear entry View transaction list Journal entry worksheet < 1 2 3 4 5 6 8. Record the accrued revenue. Note: Enter debits before credits Date Oct 31, 2020 General Journal Debit Credit View general journal Record entry Clear entry transaction/ ent, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet < 1 2 3 4 5 6 7 8 Record the accrued interest revenue. Note: Enter debits before credits. Date Oct 31, 2020 General Journal Debit Credit View general journal Record entry Clear entry View transaction list Journal entry worksheet 2 3 4 5 6 7 Record the expired prepaid insurance. Note: Enter debits before credits Date Oct 31, 2020 General Journal Debit Credit View general journal Record entry Clear entry View transaction list Journal entry worksheet < 1 2 3 4 5 6 7 8 Record the use of supplies. Note: Enter debits before credits. Date Oct 31, 2020 General Journal Debit Credit View general journal Record entry Clear entry