1) Adjusting entries and financial statements Lo2, 3 The 30 June unadjusted trial balance of Prime Realty follows Prime Realty Unadjusted trial balance 30 June Debit 6900 4 500 6300 2250 18000 Credit Cash Accounts Receivable Prepaid Rent Supplies Equipment Accumulated Depreciation Unearned Revenue Notes Payable Contributed Capital Retained Earnings, 1 April Service Revenue Advertising Expense Depreciation Expense Interest Expense Rent Expense Salaries Expense Dividends $ 900 1500 10000 8000 12 200 11200 650 900 150 2 100 1 700 350 $43 800 Totals $43 800 Additional Information i Rent expires (is used up) at a rate of $700 per month ii Monthly depreciation on equipment is $300 ii Interest on the 6 per cent promissory note is paid quartetly on 1 April. 1 July, 1 October and 1 January iv Performed services for which payment was received in Apa $800 v Reoeived electricity bill to be paid next month -$500 vi Services to customers eamed during June but unrecorded st 30 June, $2500 vii vili Owed employees for salaries for the last week of June to be Supplies on hand totaled $1500 at 30 June paid in July- $800 Prime Realty prepares adjusting entries each quarter ix Adjustments were last made on 31 March. equired 9 Prepar all adjusting journal entries for the quarter ending 30 June Post jounal entries to T-accounts using totals on the unadjusted trial balance as the opening balanoes b