CUONO COMPANY SPA Trial Balance June 30, 2017 Account Number 101 112 126 130 157 201 209 311 400 726 729 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue Share Capital-Ordinary Service Revenue Salaries and Wages Expense Rent Expense Debit Credit C 6,295 5,990 1,893 2,500 19,740 4,455 4,114 25,336 7,735 3,950 1,256 041,640 41,640 In addition to those accounts listed on the trial balance, the chart of accounts for Cuono Company SpA also contains the following accounts and account numbers: No. 158 Accumulated Depreciation-Equipment, No. 212 Salaries and Wages Payable, No. 631 Supplies Expense, No. 711 Depreciation Expense, No. 722 Insurance Expense, and No. 732 Utilities Expense. Other data: 1. Supplies on hand at June 30 are C691. 2 A utility bill for C257 has not been recorded and will not be paid until next month. 3. The Insurance policy is for a year. 4. C2,829 of unearned service revenue is recorded for services performed at the end of the month. 5 Salaries of C2,182 are accrued at June 30. 6. The equipment has a 4-year life with no residual value. It is being depreciated at 329 per month for 48 months. 7. Invoices representing C1,338 of services performed during the month have not been recorded as of June 30. 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 7. June 30 Post the adjusting entries to the ledger accounts. Enter the totals from the trial balance as beginning account balances. (Post entries in to part of the question.) Cash No. 101 Date Explanation Ref Debit Credit Balance June 30 Balance Accounts Receivable No. 112 Date Explanation Ref Debit Credit Balance June 30 Balance June 30 Adjusting Supplies No. 126 Date Explanation Ref Debit Credit Balance June 30 Balance June 30 Adjusting 13 Prepaid Insurance No. 130 Date Explanation Ref Debit Credit Balance June 30 Balance 13 No. 157 June 30 Adjusting 13 Equipment Date Explanation Ref June 30 Balance Accumulated Depreciation Equipment Debit Credit Balance No. 158 DLL Explanation DODIL Creuil Dance No. 158 Debit Credit Balance No. 201 Debit Credit Balance No. 209 Debit Credit Balance June 30 Balance Accumulated Depreciation Equipment Date Explanation Ref June 30 Adjusting 13 Accounts Payable Date Explanation Ref June 30 Balance June 30 Adjusting 13 Unearned Service Revenue Date Explanation Ref June 30 Balance June 30 Adjusting 13 Salaries and Wages Payable Date Explanation Ref June 30 Adjusting 13 Share Capital-Ordinary Date Explanation Ref June 30 Balance Service Revenue Date Explanation Ref June 30 Balance No. 212 Debit Credit Balance No. 311 Debit Credit Balance No. 400 Debit Credit Balance Ref Debit Credit Balance No. 400 Ref Debit Credit Balance 13 13 No. 631 Ref Debit Credit Balance Share Capital Orumary Date Explanation June 30 Balance Service Revenue Date Explanation June 30 Balance June 30 Adjusting June 30 Adjusting Supplies Expense Date Explanation June 30 Adjusting Depreciation Expense Date Explanation June 30 Adjusting Insurance Expense Date Explanation June 30 Adjusting Salaries and Wages Expense Date Explanation June 30 Balance June 30 Adjusting 13 No. 711 Ref Dobit Credit Balance 13 No. 722 Ref Debit Credit Balance 33 No. 726 Ref Debit Credit Balance 03 -- No. 729 Ref Debit Credit Balance Rent Expense Date Explanation June 30 Balance Utilities Expense Date Explanation June 30 Adjusting No. 732 Ref Debit Credit Balance 13 Prepare an adjusted trial balance at June 30, 2017. CUONO COMPANY SPA Adjusted Trial Balance Debit Credit