Adjusting Entries On May 31, the following data were accumulated to assist the accountant in preparing the adjusting entries for Oceanside Realty: Fees accrued but unbilled at May 31 are $14,770. The supplies account balance on May 31 is $4,860. The supplies on hand at May 31 are $1,390. Wages accrued but not paid at May 31 are $1,860. The unearned rent account balance at May 31 is $14,460, representing the receipt of an advance payment on May 1 of three months' rent from tenants. Depreciation of office equipment is $2,470. Required: Journalize the adjusting entries required at May 31. If an amount box does not require an entry, leave it blank.