A work sheet for Juanitas Consulting for the month ended June 30, 20-- is shown. There were no additional investments made by the owner during the month.

Juanitas Consulting

Worksheet

For Month Ended June 30, 20--

1		TRIAL BALANCE	TRIAL BALANCE	ADJUSTMENTS	ADJUSTMENTS	ADJUSTED TRIAL BALANCE	ADJUSTED TRIAL BALANCE	INCOME STATEMENT	INCOME STATEMENT	BALANCE SHEET	BALANCE SHEET
2	ACCOUNT TITLE	DEBIT	CREDIT	DEBIT	CREDIT	DEBIT	CREDIT	DEBIT	CREDIT	DEBIT	CREDIT
3	Cash	5,285.00				5,285.00				5,285.00
4	Accounts Receivable	1,075.00				1,075.00				1,075.00
5	Supplies	750.00			(a) 250.00	500.00				500.00
6	Prepaid Insurance	500.00			(b) 100.00	400.00				400.00
7	Office Equipment	2,200.00				2,200.00				2,200.00
8	Accumulated Depreciation-Office Equipment				(d) 110.00		110.00				110.00
9	Accounts Payable		1,500.00				1,500.00				1,500.00
10	Wages Payable				(c) 200.00		200.00				200.00
11	Juanita Alvarez, Capital		7,000.00				7,000.00				7,000.00
12	Juanita Alvarez, Drawing	800.00				800.00				800.00
13	Consulting Fees		4,204.00				4,204.00		4,204.00
14	Wages Expense	1,400.00		(c) 200.00		1,600.00		1,600.00
15	Advertising Expense	60.00				60.00		60.00
16	Rent Expense	500.00				500.00		500.00
17	Supplies Expense			(a) 250.00		250.00		250.00
18	Phone Expense	46.00				46.00		46.00
19	Electricity Expense	39.00				39.00		39.00
20	Insurance Expense			(b) 100.00		100.00		100.00
21	Gas and Oil Expense	28.00				28.00		28.00
22	Depreciation Expense-Office Equipment			(d) 110.00		110.00		110.00
23	Miscellaneous Expense	21.00				21.00		21.00
24		$12,704.00	$12,704.00	$660.00	$660.00	$13,014.00	$13,014.00	2,754.00	4,204.00	10,260.00	8,810.00
25	Net Income							1,450.00			1,450.00
26								$4,204.00	$4,204.00	$10,260.00	$10,260.00

Required:

1.	Journalize (page 10) and post the adjusting entries.
2.	Journalize (page 11) and post the closing entries.
3.	Prepare a post-closing trial balance.