The One Financial Consultancy has prepared the following unadjusted trial balance at July 31, 2019

The One Financial Consultancy Co.

Unadjusted Trial Balance

July 31, 2019

Debit Balances Credit Balances

Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 35,200

Prepaid Rent . . .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,250

Supplies . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,750

Automobile . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 98,300

Accumulated DepreciationAutomobile . . . . . . . . . . . . . . . . . . . . . .. .. . . . . . . .93,750

Equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 85,250

Accumulated DepreciationEquipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27,500

Unearned Rent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13,200

Jennys, Capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 160,000

Jennys, Drawing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,500

Fees Earned . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 145,000

earned Rent . . . . . . . . . . . . .. . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35,500

Rent Expense . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . 11,400

Repairs Expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21,250

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

• Depreciation for Automobile for the year was $3,750
• Accrued wages at July 31 is $1750
• Unexpired rent at July 31 $2000
• Supplies on hand at July 31 $1600
• Rent earned at July 31 $1200

Requirements:

• 1. Journalize the adjusted entry require base on the above information
• 2. Prepare Adjusted Trail Balance at July 31 2019

The One Financial Consultancy has prepared the following unadjusted trial balance at July 31, 2019 The One Financial Consultancy Co. Unadjusted Trial Balance July 31, 2019 Debit Balances Credit Balances Cash.. .35,200 Prepaid Rent .....7.250 Supplies 4.750 Automobile 98,300 Accumulated Depreciation - Automobile -93,750 Equipment 85,250 Accumulated Depreciation Equipment 27,500 Unearned Rent 13,200 Jenny's, Capital 160,000 Jenny's, Drawing 12,500 Fees Earned 145,000 earned Rent 35,500 Rent Expense . 11,400 Repairs Expense . 21.250 The data needed to determine year-end adjustments are as follows: Depreciation to mobile cathe year The data needed to determine year-end adjustments are as follows: . Depreciation for Automobile for the year was $3,750 Accrued wages at July 31 is $1750 .. Unexpired rent at July 31 $2000 Supplies on hand at July 31 $1600 Rent earned at July 31 S1200 Requirements: 1. Journalize the adjusted entry require base on the above information 2. Prepare Adjusted Trail Balance at July 31 2019 B 15