The trial balances before and after adjustments for Old Julian Company at the end of its fiscal year are presented below. 
Instructions
Prepare the adjusting entries that were made.
Definitions:
Reefs
Marine structures composed mainly of coral and other biogenic material, typically forming in shallow, warm water environments.
Quartz-Rich
Containing a high concentration of quartz, a hard, crystalline mineral composed of silicon and oxygen atoms.
Soluble Chemical
A substance capable of being dissolved in a solvent, particularly water, to form a solution.
Poor Solubility
Describes a substance's low capability to dissolve in a solvent, typically referring to solids in liquids.
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