Question & Answer: 4. What would be the effect on the e lted at the cash flows if the adjustments for unbilled fees and accrued wages ele ULE of the year…..

4. What would be the effect on the e lted at the cash flows if the adjustments for unbilled fees and accrued wages ele ULE of the year? Obj, 2, 3, 4,5 Reliable Repairs & Service, an electronics repair store, prepared the following unadjusted balance at the end of its first year of operations: PR 3-3A Adjusting entries GENERAL LEDGER Reliable Repairs & Service Unadjusted Trial Balance April 30, 2018 Debit Balances Credit Balances 10,350 Cash 67,500 15,750 18,000 10,000 111,500 Accounts Payable . . Dividends 294,750 Wages Expense . Rent Expense 72,000 51,750 8,100 450,000 450,000 For preparing the adjusting entries, the following data were assembled: . Fees earned but unbilled on April 30 were $9,850. Supplies on hand on April 30 were $4,660