were affected by more than one Total of Debit amn: $420,300 Excel General Ledger *** OBJ. 2, 3, 4,5,6 PR 3-5B Adjusting entries and adjusted trial balances Reece Financial Services Co., which specializes in appliance repair services, is owned and operated by Joni Reece. Reece Financial Services' accounting clerk prepared the following unadjusted trial balance at July 31, 2019: Reece Financial Services Co. Unadjusted Trial Balance July 31, 2019 Debit Credit Balances Balances Cash 10,200 Accounts Receivable.. 34,750 Prepaid Insurance 6,000 Supplies 1,725 Land 50,000 Building 155,750 Accumulated Depreciation--Building. 62,850 Equipment.. 45,000 Accumulated Depreciation--Equipment. 17,650 Accounts Payable 3,750 Unearned Rent 3,600 Joni Reece, Capital 153,550 Joni Reece, Drawing 8,000 Fees Earned.. Salaries and Wages Expense. 158,600 Utilities Expense 56,850 Advertising Expense 14,100 Repairs Expense.... 7,500 Miscellaneous Expense 6,100 4,025 400,000 400,000 Chapter 3 The Adjusting Process 155 The data needed to determine year-end adjustments are as follows: Depreciation of building for the year, $6,400. Depreciation of equipment for the year, $2,800. Accrued salaries and wages at July 31, $900. Unexpired insurance at July 31, $1,500. Fees earned but unbilled on July 31, $10,200. Supplies on hand at July 31, $615. Rent unearned at July 31, $300. . Instructions 1. Journalize the adjusting entries using the following additional accounts: Salaries and Wages Payable, Rent Revenue, Insurance Expense, Depreciation Expense-Building, Depreciation Expense-Equipment, and Supplies Expense. 2. Determine the balances of the accounts affected by the adjusting entries and prepare an adjusted trial balance