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the unadjusted trial balance from chapter 2 is the unadjusted trial balance at the top LO LEU CLLL nee that you are for Music at

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the unadjusted trial balance from chapter 2 is the unadjusted trial balance at the top

LO LEU CLLL nee that you are for Music at the end of Chapter 2 I Total of Debit mn: $42.100 The unadiusted trial should appear as fot Unadjusted Tilance July 31, 2019 Dahit Na Balances Balances 1,020 T 500 Accounts Payable 8.350 7,200 9.000 1,750 Peyen Seel Drawing Foes Eamed.... 16,200 Office Rent Expense.. Equipment Rent Expense..... Utilities Expenses..... Music Expense. Advertising Expense... Supplies Expense.. . Miscellaneous Expense ....... 2.800 2,550 1.375 1.215 3.610 1,500 .. 1855 40,750 40.750 The data needed to determine adjustments are as follows: . During July, PS Music provided guest disc jockeys for KXMD for a total of 115 hours. For information on the amount of the accrued revenue to be billed to KXMD, see the contract described in the July 3 transaction at the end of Chapter 2. Supplies on hand at July 31, $275. The balance of the prepaid insurance account relates to the July 1 transaction in Chapter 2. Depreciation of the office equipment is $50. The balance of the unearned revenue account relates to the contract between PS Music and KXMD, described in the July 3 transaction in Chapter 2. Accrued wages as of July 31 were $140. Instructions 1. Prepare adjusting journal entries. You will need the following additional accounts 18 Accumulated Depreciation Office Equipment 22 Wages Payable 57 Insurance Expense 58 Depreciation Expense 2. Post the adjusting entries, Inserting balances in the accounts affected. 3. Prepare an adjusted trial balance

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