Joey Cuono started his own consulting firm, Cuono Company, on June 1, 2014. The trial balance at June 30 is shown below.

Cuono Company Trial Balance June 30, 2014 Account Number Debit Credit 101 Cash $ 6,200 2 Accounts Receivable 6,000 126 Supplies 2,000 130 Prepaid Insurance 3,000 SH Equipment 14,400 201 Accounts Payable $ 4,700 209 Unearned Service Revenue 4,000 Sill Common Stock 20,000 400 Service Revenue 7,900 726 Salaries and Wages Expense 4,000 729 Rent Expense 1,000

$36,600 $36,600 In addition to those accounts listed on the trial balance, the chart of accounts for Cuono Company also contains the following accounts and account numbers: No. 158 Accumulated Depreciation—Equipment, No. 212 Salaries and Wages Payable, No. 631 Supplies Expense, No. 711 Depreciation Expense, No. 722 Insurance Expense, and No. 732 Utilities Expense.

Other data:

iP 2. A utility bill for $150 has not been recorded and will not be paid until next month.

3)

4. $2,500 of unearned service revenue is recognized for services performed at the end of oO ul Supplies on hand at June 30 are $1,100.

The insurance policy is for a year.

the month.

. Salaries of $1,600 are accrued at June 30.

. The equipment has a 4-year life with no salvage value. It is being depreciated at $300 per month for 48 months.

. Invoices representing $2,100 of services performed during the month have not been recorded as of June 30.

Instructions

(a) Prepare the adjusting entries for the month of June. Use J3 as the page number for your journal.

(b) Post the adjusting entries to the ledger accounts. Enter the totals from the trial balance as beginning account balances and place a check mark in the posting reference column.

(c) Prepare an adjusted trial balance at June 30, 2014.