Reference no: EM13553682
Adjusting Entries Selected account balances before adjustment for Newhouse Realty at March 31, 2012, the end of the current year, are shown below. Debits Credits Accounts Receivable $53,740 Accumulated Depreciation $8,280 Depreciation Expense _ Equipment 83,000 Fees Earned 313,840 Prepaid Rent 6,800 Rent Expense _ Supplies 1,610 Supplies Expense _ Unearned Fees 7,420 Wages Expense 105,870 Wages Payable _ Below is the data required for the year-end adjustments.
1.Supplies on hand at March 31, $480.
2.Depreciation of equipment during year, $810.
3.Rent expired during year, $4,940.
4.Wages accrued but not paid at March 31, $1,560.
5.Unearned fees at March 31, $3,120.
6.Unbilled fees at March 31, $3,710. Hide
1. Journalize the six adjusting entries required at March 31, based on the data presented.
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