The T-accounts, along with their unadjusted balances, have been opened for you. Post the adjustments and then calculate the adjusted balance of each account. Denote each adjusting amount as Adj. (along with the corresponding letter reference; Adj. (a), Adj. (b), etc.) and an account balance as Bal. (Depr. = Depreciation.)

Date		Accounts and Explanation	Debit	Credit
Dec.	31	Supplies Expense	1,085
Adj. (a)		Office Supplies		1,085
		To record office supplies used.

Dec.	31	Rent Expense	1,000
Adj. (b)		Prepaid Rent		1,000
		To record rent expense.

Dec.	31	Depreciation ExpenseBuilding	500
Adj. (c)		Accumulated DepreciationBuilding		500
		To record depreciation on building.

Dec.	31	Unearned Revenue	400
Adj. (d)		Canoe Rental Revenue		400
		To record revenue earned that was collected in advance.

Dec.	31	Wages Expense	1,250
Adj. (e)		Wages Payable		1,250
		To accrue wages expense.

Dec.	31	Accounts Receivable	1,850
Adj. (f)		Canoe Rental Revenue		1,850
		To accrue canoe rental revenue.

Dec.	31	Depreciation ExpenseCanoes	200
Adj. (g)		Accumulated DepreciationCanoes		200
		To record depreciation on canoes.

Dec.	31	Depreciation ExpenseCanoes	150
Adj. (h)		Accumulated DepreciationCanoes		150
		To record depreciation on canoes.

Dec.	31	Interest Expense	50
Adj. (i)		Interest Payable		50
		To accrue interest expense.

Cash

Accounts Payable

Canoe Rental Revenue

Bal.

12,125

3,050

Bal.

12,400

Bal.

Accounts Receivable

Utilities Payable

Rent Expense

Bal.

5,750

295

Bal.

Bal.

1,200

Office Supplies

Telephone Payable

Wages Expense

Bal.

1,250

325

Bal.

Bal.

3,300

Prepaid Rent

Wages Payable

Utilities Expense

Bal.

3,000

0

Bal.

Bal.

445

Land

Unearned Revenue

Telephone Expense

Bal.

85,000

750

Bal.

Bal.

500

Building

Interest Payable

Supplies Expense

Bal.

35,000

0

Bal.

Bal.

0