CAK INTERNET June 30,2018 UNADJUSTED TRIAL ACCOUNT TITLE BALANCE CRE DEBIT DIT Cash $9,500 Accounts 15,000 receivable Prepaid rent 2,300 Supplies 1,000 30,700 Equipment Accumulated depreciation $3,80 0 6,400 Accounts payable Salary payable Unearned service TOR 9,800 10,00 Bank loan 0 Retained earning 4,000 10,50 Cak, capital 0 17,00 Service revenue 0 Salary expense 3,000 Rent expense Depreciation expense Supplies expense $61.5 Here are the adjusting data of CAK Internet at June 30, 2018: a. Unearned service revenues still unearned, $800. b. Prepaid rent still in force, $2,000. c. Supplies used during the month $900. d. Depreciation for the month $400. e. The last day of the period, 30 June 2018, was a Wednesday. The staff are paid on Friday for a five-day working week that ends on Friday. Sales salaries are $2035 per week. f. Electricity expenses of $350 have been incurred, but not payed. Telephone expenses of $200 have been incurred in respect of calls) during June, but not payed. g. Interest on a loan is at the rate of 12% per year, payable quarterly on the last day of cach charter The Inan was made on 1 October 2017. (4) Prepare balance sheet and fill in each gap. (1-20)(8') Cak Internet Balance Sheet June 30, 2018 ASSETS Current assets: Cash (1) Accounts receivable (2) (3) Prepaid rent Supplies (4) Total current assets (5) Plant assets: (6) Equipment Accumulated depreciation (2) (8) Total assets (9) LIABILITIES Current liabilities: Accounts payable (10) Salary payable (11) Unearned service revenue (12) Interest payable (13) Total current liabilities (14) Bank loan (15) Total liabilities (16) OWNER'S EQUITY (17) Cak, capital Retained earning (18) Total equity (19) Total liabilities and owner's equity (20)