Selected account balances before adjustment for Flanders Realty at March 31, 2006,

the end of the current year, are as follows:

Debits Credits Debits Credits

Accounts Receivable $28,250 Unearned Fees $ 4,800

Supplies 1,770 Fees Earned 170,850

Prepaid Rent 15,500 Wages Expense $69,750

Equipment 80,500 Rent Expense —

Accumulated Depreciation $16,900 Depreciation Expense —

Wages Payable — Supplies Expense