194. Reconstruct the adjusting and closing entries from the following T accounts.
Prepaid Insurance
Accounts Receivable.
Unearned Revenues
Wages Payable
1,200
6,000
1,350
530
200
1,500
435
530
1,000
7,500
915
Retained Earnings
Dividends
Income Summary
Fees Earned
7,000
2,100
9,935
8,000
5,280
2,100
4,655
1,500
2,100
0
5,280
435
10,180
0
9,935
0
Wages Expense
Rent Expense
Insurance Expense
Utilities Expense
2,600
1,145
200
180
530
1,145
200
180
3,130
0
0
0
0
195. Reconstruct adjusting and closing entries for the month ended September 30, 2011 from the T accounts below.
Prepaid Insurance
Accounts Receivable.
Unearned Revenues
Wages Payable
1,350
1,250
1,050
385
130
275
235
385
1,220
1,525
815
Retained Earnings
Dividends
Income Summary
Fees Earned
7,000
2,400
5,510
5,000
580
2,400
6,090
275
2,400
0
580
235
4,020
5,510
Wages Expense
Rent Expense
Insurance Expense
Utilities Expense
3,600
1,880
130
95
385
1,880
130
95
3,985
0
0
0
0
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