Alphas Graphics was organized on January 1, 2020, by Gabriel Alpha. At the end of the first 6 months of operations, the trial balance contained the following accounts.

Debits				Credits
Cash		8,800		Notes Payable		22,000
Accounts Receivable		14,300		Accounts Payable		9,200
Equipment		43,000		Share CapitalOrdinary		22,200
Insurance Expense		3,000		Service Revenue		54,200
Salaries and Wages Expense		30,000
Supplies Expense		3,400
Advertising Expense		1,800
Rent Expense		1,600
Utilities Expense		1,700
		107,600				107,600

Analysis reveals the following additional data.

1.		The 3,400 balance in Supplies Expense represents supplies purchased in January. At June 30, 1,700 of supplies are on hand.
2.		The note payable was issued on February 1. It is a 9%, 6-month note.
3.		The balance in Insurance Expense is the premium on a one-year policy, dated April 1, 2020.
4.		Service revenues are credited to revenue when received. At June 30, services revenue of 1,300 are unearned.
5.		Revenue for services performed but unrecorded at June 30 totals 1,700.
6.		Depreciation is 2,500 per year.

a. Journalize the adjusting entries at June 30. (Assume adjustments are recorded every 6 months

b. Prepare an adjusted trial balance.

c. Prepare an income statement for the 6 months ended June 30.

d. Prepare an retained earnings statement for the 6 months ended June 30.

e. Prepare a statement of financial position at June 30.