Credit Debit $6,850 7.000 1,982 3,180 15,000 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue Common Stock Service Revenue Salaries and Wages Expense Rent Expense $ 4,245 5,200 21,982 8,300 4,000 1,715 $39,727 $39,727 In addition to those accounts listed on the trial balance, the chart of accounts for Richard also contains the following accounts: Accumulated Depreciation-Equipment, Salaries and Wages Payable, Depreciation Expense, Insurance Expense, Utilities Expense, and Supplies Expense. Other data: 1. 2. 3. 4. Supplies on hand at June 30 total $720. A utility bill for $250 has not been recorded and will not be paid until next month. The insurance policy is for a year. Services were performed for $4,330 of unearned service revenue by the end of the month. Salaries of $1,450 are accrued at June 30. The equipment has a 5-year life with no salvage value and is being depreciated at $250 per month for 60 months. Invoices representing $4,270 of services performed by Richard during the month have not been recorded as of June 30. 5. 6. 7. No. Account Titles and Explanation Debit Credit 1. Supplies Expense 1,262 Supplies 1,262 2. Utilities Expense 250 Accounts Payable 250 3. Insurance Expense 265 Prepaid Insurance 265 4. Unearned Service Revenue 4,330 Service Revenue 4,330 5. Salaries and Wages Expense 1,450 Salaries and Wages Payable 1,450 6. Depreciation Expense 250 Accumulated Depreciation-Equipment 250 7. Accounts Receivable 4,270 Service Revenue 4,270 Cash 6/30 Bal. A 6,850 Accounts Receivable 6/30 Bal. A 7,000 6/30 4,270 6/30 Bal. A 11,270 Supplies 6/30 Bal. 1,982 6/30 1,262 6/30 Bal. A 720 Prepaid Insurance 6/30 Bal. A 3,180 6/30 265 6/30 Bal. A 2,915 Equipment 6/30 Bal. 15,000 Accumulated Depreciation-Equipment 6/30 250 6/30 Bal. A 250 Accounts Payable 6/30 Bal. 4,245 6/30 250 6/30 Bal. A 4,495 Salaries and Wages Payable 6/30 . 1,450 6/30 Bal. A 1,450 Unearned Service Revenue 6/30 4,330 6/30 Bal. A 5,200 6/30 Bal. A 870 Common Stock 6/30 Bal. A 21,982 Service Revenue 6/30 Bal. A 8,300 6/30 4,330 6/30 - 4,270 6/30 Bal. 16,900 Salaries and Wages Expense 6/30 Bal. A 4,000 6/30 1,450 6/30 Bal. A 5,450 Rent Expense 6/30 Bal. 1,715 Depreciation Expense 6/30 250 6/30 Bal. A 250 Insurance Expense 6/30 265 6/30 Bal. A 265 Utilities Expense 6/30 250 6/30 Bal. 4 250 Supplies Expense 6/30 A 1,262 6/30 Bal. 4 1,262 RICHARD CONSULTING Adjusted Trial Balance Debit Credit $ $ " G