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Pharoah Company was organized on April 1,2022. The company prepares quarterly financial statements. The adjusted trial balance amounts at June 30 are shown below. Credit $896 5.120 Debit $6,856 Accumulated Depreciation-Equipment 624 Notes Payable 912 Accounts Payable 1.168 Salaries and Wages Payable 15,360 Interest Payable 640 Unearned Rent Revenue 9,472 Common Stock 1,53& Service Revenue 896 Rent Revenue 200 1,016 384 56 Cash Accounts Receivable Prepaid Rent Supplies Equipment Dividends Salaries and Wages Expense Rent Expense Depreciation Expense Supplies Expense Utilities Expense Interest Expense 512 14.312 14,536 1,408 $38,240 520 56 $38,240 Determine the net income for the quarter April 1 to June 30. Net income $ Cr. WILDHORSE CO. Trial Balance August 31, 2022 Before Adjustment Dr. Cash $11.990 Accounts Receivable 9,680 Supplies 2.750 Prepaid Insurance 4,400 Equipment 17,600 Accumulated Depreciation-Equipment $3.960 Accounts Payable 6,380 Salaries and Wages Payable 0 Unearned Rent Revenue 1,980 Common Stock 11,000 Retained Earnings 6,050 Dividends 3.080 Service Revenue 37,400 After Adjustment Dr. Cr. $11.990 10,340 550 2.750 17,600 $5,280 6,380 1.210 880 11,000 6,050 3.080 38,060 37,400 13,310 38,060 14.410 18,700 Service Revenue Rent Revenue Salaries and Wages Expense Supplies Expense Rent Expense Insurance Expense Depreciation Expense 0 19,910 2,200 11,880 1,650 11,880 0 0 1,320 $80,080 $80,080 $83.270 $83.270 Prepare the adjusting entries that were made. (Credit account titles are automatically indented when the amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit Aug. 31 (To record the service revenue) Aug. 31 (To record the supplies expense) Aug. 31 Aug. 31 (To record depreciation expense) Aug. 31 (To record salaries and wages expense) Aug. 31 (To record rent revenue)