PR 3-2A Adjusting entries Selected account balances before adjustment for Atlantic Coast Realty at July 31, the end of the current vear, are as follows OBJ. 2, 3, 4,5 Debits S 75,000 345,700 Credits Accounts Receivable Equipment Accumulated Depreciation-Equipment Prepaid Rent Supplies Wages Payable Unearned Fees Fees Earned Wages Expense Rent Expense Depreciation Expense Supplies Expense 112,500 9,000 3,350 12,000 660,000 325,000 Data needed for year-end adjustments are as follows: Unbilled fees at July 31, $11,150. Supplies on hand at July 31, $900. Rent expired, $6,000. Depreciation of equipment during year, $8,950. Unearned fees at July 31, $2,000. .Wages accrued but not paid at July 31, $4,840
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