(a) Prepare the adjusting entries for the month of June. Use J3 as the page number for your journal.

(b) Post the adjusting entries to the ledger accounts. Enter the totals from the trial balance as beginning account balances and place a check mark in the posting reference column.

(c) Prepare an adjusted trial balance at June 30, 2017

P3-1B Jason Elsner started his own consulting firm, Elsner Company, on June 1, 2017. The trial balance at June 30 is shown below Pr po (LC ELSNER COMPANY Trial Balance June 30, 2017 Account Number 101 112 126 130 157 201 209 301 400 726 729 Debit Credit 7,150 6,000 2,000 3,000 15,000 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue Owners Capit Service Revenue Salaries and Wages Expense Rent Expense 4,500 4,000 21,750 7,900 4,000 1,000 $38,150 $38,150 In addition to those accounts listed on the trial balance, the chart of accounts for Elsner Company also contains the following accounts and account numbers: No. 158 Accumu- lated Depreciation-Equipment, No. 212 Salaries and Wages Payable, No. 631 Supplies Expense, No. 711 Depreciation Expense, No. 722 Insurance Expense, and No. 732 Utilities xpense Other data: 1. Supplies on hand at June 30 are $750 2. A utility bill for $150 has not been recorded and will not be paid until next month 3. The insurance policy is for a year 4. $2,800 of unearned service revenue is recognized for services performed during the month 5. Salaries of $1,900 are accrued at June 30 6. The equipment has a 5-year life with no salvage value. It is being depreciated at $250 per month for 60 months 7. Invoices representing $1,200 of services performed during the month have not been recorded as of June 30