Adjusting entries from trial balances
The unadjusted and adjusted trial balances for Editorial Services Co. on March 31, 2014,are shown below.
| Editorial Services Co. Trial Balances March 31, 2014 | ||||
| Unadjusted | Adjusted | |||
| Debit Balances | Credit Balances | Debit Balances | Credit Balances | |
| Cash . . | 8 | 8 | ||
| Accounts Receivable | 19 | 22 | ||
| Supplies | 6 | 5 | ||
| Prepaid Insurance . | 10 | 4 | ||
| Land . . | 13 | 13 | ||
| Equipment . | 20 | 20 | ||
| Accumulated Depreciation— | 4 | 6 | ||
| Accounts Payable . | 13 | 13 | ||
| Wages Payable | 0 | 1 | ||
| Capital Stock . | 15 | 15 | ||
| Retained Earnings | 31 | 31 | ||
| Dividends . . | 4 | 4 | ||
| Fees Earned | 37 | 40 | ||
| Wages Expense | 12 | 13 | ||
| Rent Expense . | 4 | 4 | ||
| Insurance Expense | 0 | 6 | ||
| Utilities Expense . . | 2 | 2 | ||
| Depreciation Expense | 0 | 2 | ||
| Supplies Expense . | 0 | 1 | ||
| Miscellaneous Expense | 2 | 2 | ||
| 100 | 106 | 106 | ||
Journalize the five entries that adjusted the accounts at March 31, 2014. None of the accounts were affected by more than one adjusting entry.
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