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 Acct.No. Account Debit Credit 101 Cash $ 26,500 106 Accounts receivable 66,000 109 Interest receivable 0 111 Notes receivable 55,000 126 Supplies 5,800 128 Prepaid insurance 4,250 131 Prepaid rent 28,500 161 Office furniture 81,000 162 Accumulated depreciation, office furniture $ 27,000 201 Accounts payable 18,500 210 Wages payable 0 233 Unearned consulting revenue 27,000 301 Jeff Moore, capital 236,300 302 Jeff Moore, withdrawals 28,500 401 Consulting revenue 237,020 409 Interest income 530 601 Depreciation expense, office furniture 0 622 Wages expense 197,000 637 Insurance expense 0 640 Rent expense 46,500 650 Supplies expense 7,300 Totals $ 546,350 $ 546,350 Rainmaker prepares adjustments each October 31. The following additional information is available on October 31, 2020. It was determined that $12,500 of the unearned consulting revenue had not yet been earned. It was discovered that $14,500 of the balance in the Consulting Revenue account was for services to be performed in November. The balance in the Prepaid Rent account represents three months of rent beginning September 1, 2020. Accrued wages at October 31 totalled $7,300. 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. Accrued consulting revenue at year-end totalled $4,700. Interest of $90 had accrued on the note receivable for the month of October. The balance in the Prepaid Insurance account represents the remaining balance of a two-year policy purchased on April 1, 2019. A count of the supplies on October 31 revealed a balance remaining of $670. 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.