1. On June 1, 2019, Cain Company, a new firm, paid $6,090 rent in advance for a seven-month period. The $6,090 was debited to the Prepaid Rent account.

2. On June 1, 2019, the firm bought supplies for $7,300. The $7,300 was debited to the Supplies account. An inventory of supplies at the end of June showed that items costing $2,975 were on hand.

3. On June 1, 2019, the firm bought equipment costing $50,760. The equipment has an expected useful life of 9 years and no salvage value. The firm will use the straight-line method of depreciation.

Prepare end-of-June adjusting entries for Cain Company.