6.900 4500 2.250 6.300 18,000 Cash Account Receivable Supplies Prepaid rent Equipment Accumulated depreciation, Equipment Unearned Revenue Notes Payable Capital Owners Equity, 1 April Service revenue Advertising expanse Depreciation expanse Interest expanse Rent expanse Salaries expanse Dividends Total 900 1.500 10,000 8.000 12,200 11.200 650 900 150 2.100 1.700 350 $ 43.800 $ 43.800 Other additional information: a. Rent expires (is used up) at a rate of $700 per month. b. Monthly depreciation on equipment is $300. c. Interest on the 6 per cent promissory note is paid quarterly on 1 April, 1 July, 1 October and I January d. Performed services for which payment was received in April $800. e. Received electricity bill to be paid next month $500. f. Services to customers earned during June but unrecorded at 30 June, $2500. g. Supplies on hand totalled $1500 at 30 June. h. Owed employees for salaries for the last week of June to be paid in July $800. i. Prime Group prepares adjusting entries each quarter. Adjustments were last made on 31st march. Instructions: (a) Journalize the adjusting entries on 30 June, 2017 (b) Prepare a ledger using the three-column form of account. Enter the trial balance amounts and post the adjusting entries. (c) Prepare an adjusted trial balance on 30 June, 2017 (d) Prepare an income statement and an owner's equity statement for the month of June and a balance sheet at 30 June, 2017 for Prime Group