1. Prepare the Adjusting entries A-F. a. Insurance expired during June is $150.

b. Supplies on hand on June 30 are $1,020.

c. Depreciation of office equipment for June is $500.

d. Accrued receptionist salary on June 30 is $120.

e. Rent expired during June is $1,500.

f. Unearned fees on June 30 are $2,000.

2. Prepare an income statement, a statement of owner's equity, and a balance sheet.

3. Journalize and Post the adjusting entries.

4. Journalize and post the closing entries. (Income Summary is account #33 in the chart of accounts.)

5. Prepare a post-closing trial balance.

	Debit	Credit
Accounts Receivable	3,450.00
Supplies	2,000.00
Prepaid Rent	4,500.00
Prepaid Insurance	1,800.00
Office Equipment	9,300.00
Accounts Payable		1,000.00
Unearned Fees		3,000.00
Dustin Larkin, Capital		20,250.00
Dustin Larkin, Drawing	4,500.00
Fees Earned		11,425.00
Salary Expense	800.00
Advertisement Expense	120.00
Telephone Expense	130.00
Electrical Expense	200.00
Cash	8,875.00
	35,675.00	35,675.00