Adjusting Entries On July 31, 2014, the following data were accumulated to assist the accountant in preparing the adjusting entries for...

Adjusting Entries

On July 31, 2014, the following data were accumulated to assist the accountant in preparing the adjusting entries for Atrium Realty:

1. The supplies account balance on July 31 is $6,880. The supplies on hand on July 31 are $2,200.
2. The unearned rent account balance on July 31 is $9,200, representing the receipt of an advance payment on July 1 of four months' rent from tenants.
3. Wages accrued but not paid at July 31 are $1,850.
4. Fees accrued but unbilled at July 31 are $11,700.
5. Depreciation of office equipment is $3,500.