Blue Spruce Corp. was organized on January 1, 2022, by Krystal Sommer. At the end of the first 6 months of operations, the unadjusted trial balance contained the accounts shown below. Debits Credits Cash $ 10,320 Notes Payable $ 24,000 Accounts Receivable 16,800 Accounts Payable 10,800 Equipment 54,000 Common Stock 26,400 Insurance Expense 3,240 Rent Revenue 62,520 Salaries and Wages Expense 36,000 Service Revenue 7,200 Supplies Expense 4,440 Advertising Expense 2,280 Rent Expense 1,800 Utilities Expense 2,040 $130,920 $130,920 Analysis reveals the following additional data. 1. The $4,440 balance in Supplies Expense represents supplies purchased in January. At June 30, $1,800 of supplies are on hand. 2. The note payable was issued on February 1. It is a 9%, 6-month note. Interest is paid when the note matures. 3. The balance in Insurance Expense is the premium on a 1-year policy, dated March 1, 2022. 4. Service Revenue is credited when cash is received from customers. At June 30, services revenue of $1,560 remains unearned. 5. Revenue for services performed but unrecorded at June 30 totals $2,400. 6. Depreciation is $2,720 per year. Journalize the adjusting entries at June 30. (Assume adjustments are recorded every 6 months.) (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit 1. June 30 2. June 30 3. June 30 4. June 30 5. June 30 6. June 30 Prepare an adjusted trial balance. Blue Spruce Corp. Adjusted Trial Balance Debit Credit $ $ Totals Blue Spruce Corp. Income Statement Prepare a retained earnings statement for the 6 months ended June 30. Blue Spruce Corp Retained Earnings Statement V $ Prepare a balance sheet at June 30. (List Assets in order of liquidity.) Blue Spruce Corp Balance Sheet Assets $ Liabilities and Stockholders' Equity $ $