Sears Editing Company is a small editorial services company owned and operated by Deloris Sears. On January 31, 20Y1, the end of the current year, Sears Editing Companys accounting clerk prepared the following unadjusted trial balance:

Sears Editing Company

UNADJUSTED TRIAL BALANCE

January 31, 20Y1

	ACCOUNT TITLE	DEBIT	CREDIT
1	Cash	7,420.00
2	Accounts Receivable	38,115.00
3	Prepaid Insurance	7,050.00
4	Supplies	1,630.00
5	Land	114,550.00
6	Building	150,250.00
7	Accumulated Depreciation-Building		88,800.00
8	Equipment	133,200.00
9	Accumulated Depreciation-Equipment		96,605.00
10	Accounts Payable		12,560.00
11	Unearned Rent		7,035.00
12	Common Stock		74,980.00
13	Retained Earnings		142,235.00
14	Dividends	15,055.00
15	Fees Earned		327,900.00
16	Salaries and Wages Expense	194,870.00
17	Utilities Expense	42,345.00
18	Advertising Expense	22,335.00
19	Repairs Expense	17,690.00
20	Miscellaneous Expense	5,605.00
21	Totals	750,115.00	750,115.00

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

a.	Unexpired insurance at January 31, $6,130.
b.	Supplies on hand at January 31, $615.
c.	Depreciation of building for the year, $7,610.
d.	Depreciation of equipment for the year, $4,300.
e.	Rent unearned at January 31, $1,490.
f.	Accrued salaries and wages at January 31, $3,040.
g.	Fees earned but unbilled on January 31, $10,865.

	Required:
1.	Journalize the adjusting entries using the following additional accounts: Salaries and Wages Payable; Rent Revenue; Insurance Expense; Depreciation ExpenseBuilding; Depreciation ExpenseEquipment; and Supplies Expense. Refer to the Chart of Accounts for exact wording of account titles.
2.	Determine the balances of the accounts affected by the adjusting entries, and prepare an adjusted trial balance.