Journalize the adjusting entries necessary on April 30, 2016. Refer to the Chart of Accounts for exact wording of account titles.PAGE 10JOURNAL1Adjusting Entries234567891011Reliable Repairs & Service, an electronics repair store, prepared the following unadjusted trial balance at the end of its first year of operations:Reliable Repairs & Service UNADJUSTED TRIAL BALANCE April 30, 20161Cash10,800.002Accounts Receivable67,270.003Supplies16,390.004Equipment115,170.005Accounts Payable15,830.006Unearned Fees17,930.007Karin Bickle, Capital117,930.008Karin Bickle, Drawing13,860.009Fees Earned297,710.0010Wages Expense94,430.0011Rent Expense71,780.0012Utilities Expense52,100.0013Miscellaneous Expense7,600.0014Totals449,400.00449,400.00For preparing the adjusting entries, the following data were assembled:a.Fees earned but unbilled on April 30 were $9,950.b.Supplies on hand on April 30 were $4,810.c.Depreciation of equipment was estimated to be $6,130 for the year.d.The balance in unearned fees represented the April 1 receipt in advance for services to be provided. During April, $15,250 of the services were provided.e.Unpaid Wages accrued on April 30 were $5,100.
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