Answer and Explanation:
The journal entries are shown below:
Fees Earned 694,400
To Wages Expense 471,000
To Rent Expense 69,500
To Supplies Expense 11,100
To Miscellaneous Expense 14,900
To Violet Lozano, Capital 127,900
Violet Lozano, Capital 12,000
To Violet Lozano, Drawing 12,000
Now the post trail balance is
Cash 12,700
Accounts Receivable 28,190
Supplies 1,780
Equipment 125,600
Accumulated Depreciation 41,910
Accounts Payable 15,240
Salaries Payable 1,400
Unearned Rent 5,720
Sonya Flynn, Capital 104,000
Totals 168,270 168,270
