The unadjusted and adjusted trial balances for American Leaf Company on October 31, 2019, follow:

The unadjusted and adjusted trial balances for American Leaf Company on October 31, 2019, follow:

American Leaf Company Trial Balances October 31, 2019 Unadjusted Adjusted Debit   Balances

Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 16

Accounts Receivable. . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 44

Supplies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 10

Prepaid Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 8

Land . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 26

Equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 40

Accumulated Depreciation—Equipment . . . . . . . . . 8 12

Accounts Payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 26

Wages Payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 2

Les Huff, Capital  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92 92

Les Huff, Drawing   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 8

Fees Earned. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 74 80

Wages Expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 26

Rent Expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 8

Insurance Expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 12

Utilities Expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 4

Depreciation Expense . . . . . . . . . . . . . . . . . . . . . . . . . . 0 4

Supplies Expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 2

Miscellaneous Expense . . . . . . . . . . . . . . . . . . . . . . . . . 4 4

200 200 212 212

Journalize the five entries that adjusted the accounts at October 31, 2019. None of the accounts were affected by more than one adjusting entry.

Answers:

1. Accounts Receivable6

Fees Earned6

Accrued fees earned.

2. Supplies Expense2

Supplies2

Supplies used.

3. Insurance Expense12

Prepaid Insurance12

Insurance expired.

4. Depreciation Expense4

Accumulated Depreciation—Equipment4

Equipment depreciation.

5. Wages Expense2

Wages Payable2

Accrued wages.