Reece Financial Services, which specializes in appliance repair services, is owned and operated by Joni Reece. Reece Financial Services$$ accounting clerk prepared the following unadjusted trial balance at July $31,20$Y$9$:

Reece Financial Services

Unadjusted Trial Balance

July $31,20$Y$9$

Line Item Description Debit

Balances Credit

Balances

Cash $4,320$

Accounts Receivable $39,170$

Prepaid Insurance $7,300$

Supplies $1,990$

Land $115,190$

Building $207,760$

Accumulated Depreciation$$Building $140,750$

Equipment $138,430$

Accumulated Depreciation$$Equipment $100,250$

Accounts Payable $12,280$

Unearned Rent $6,970$

Joni Reece, Capital $225,700$

Joni Reece, Drawing $15,270$

Fees Earned $331,960$

Salaries and Wages Expense $197,850$

Utilities Expense $43,490$

Advertising Expense $23,240$

Repairs Expense $17,590$

Miscellaneous Expense $6,310$

$817,910817,910$

The data needed to determine year$-$end adjustments are as follows:

$$ Depreciation of building for the year, $$3,240.$

$$ Depreciation of equipment for the year, $$2,810.$

$$ Accrued salaries and wages at July $31,$ $$3,170.$

$$ Unexpired insurance at July $31,$ $$4,890.$

$$ Fees earned but unbilled on July $31,$ $$18,590.$

$$ Supplies on hand at July $31,$ $$600.$

$$ Rent unearned at July $31,$ $$1,810.$

Required:

Question Content Area

$1.$ Journalize the adjusting entries using the following additional accounts: Salaries and Wages Payable; Rent Revenue; Insurance Expense; Depreciation Expense$$Building; Depreciation Expense$$Equipment; and Supplies Expense. If an amount box does not require an entry, leave it blank.