S Company provided the following financial information as of year-end, August 31. a) Supplies on hand on August 31 b) $800 $3,400 $11,000 Depreciation of equipment during the year Rent expired during the year Wages accrued, but not paid at August 31 e) Unearned fees at August 31 Unbilled fees at August 31 Accounts Receivable Supplies Prepaid Rent Equipment Accumulated Depreciation- Equipment Capital Stock Dividends Unearned Fees Fees Earned Wages Expense Rent Expense Required: Depreciation Expense Supplies Expense Current Balance Debit 12,350 1,980 20,000 73,800 2,000 42,200 Credit 24,700 20,480 7,500 99,650 Adjust. Entry (+/-) $2,500 $1,500 $5,260 Adjusted Balance Debit Credit a) Journalize the adjusting entries and label them as accruals or deferrals.

b) Update the account balances of the selected accounts in the chart.

S Comnamu nmoided the followion finanrial information ac of vear-end. Auqust 31. Required: a) Journalize the adjusting entries and label them as accruals or deferrals. b) Update the account balances of the selected accounts in the chart