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THE FIRST HALF: (Top 3 Pictures)

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, 209:

SECOND HALF:(bottom 2 photos)

2. Determine the balances of the accounts affected by the adjusting entries, and prepare an adjusted trial balance. If an amount box does not require an entry, leave it blank.

Reece Financial Services Co.

Adjusted Trial Balance

July 31, 209

Aejuating fintrim and Adyusthd Trial Halances baiance at July 31,20r9 : The data needed to Geterminit year-end affustments are as follows - Debirecietien of buiding for the year, $6,400. - Depreciation of equipment for the vnac \$2, 1000 - Acrorued salaries and wages at July 31,5900. - Unerpirea ksurance at July 31, 51,500. - Fees earned but unbilied on 3uly 31, $10,200. - Supplies on band at July 31, $615. + Regs unearned at July 31, 1300. Eequired: - Equprrem, and sapplies Expense. If an amount bax dses not require an entry, leave it blank. 2. Determine the balances of the accounts affected by the adjusting entries, and prepare an adjusted trial balance. If an amount box does not require an entry, leave it blank. Reece Financial Services Co. Adjusted Trial Balance The data needed to determine year-end adjustments are as follows: - Depreciation of bullding 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. - Dent uneamert at liflu 21 eznn

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