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Current Attempt in Progress Len Jason started his own consulting firm, Jason Consulting, on June 1, 2025. The trial balance at June 30 is
Current Attempt in Progress Len Jason started his own consulting firm, Jason Consulting, on June 1, 2025. The trial balance at June 30 is as follows. Jason Consulting Trial Balance June 30, 2025 Debit Credit Cash $7,080 Accounts Receivable 7,230 Supplies 2,230 Prepaid Insurance 3,120 Equipment 15,240 Accounts Payable $4,460 Unearned Service Revenue. 5,430 Common Stock 22.230 Service Revenue 8,530 Service Revenue 8,530 Salaries and Wages Expense 4,230 Rent Expense 1,520 $40,650 $40,650 In addition to those accounts listed on the trial balance, the chart of accounts for Jason also contains the following accounts: Accumulated Depreciation-Equipment, Salaries and Wages Payable, Depreciation Expense, Insurance Expense. Utilities Expense, and Supplies Expense. Other data: Supplies on hand at June 30 total $950. 1. 2. A utility bill for $410 has not been recorded and will not be paid until next month.. 3. The insurance policy is for a year. 4. Services were performed for $4,330 of unearned service revenue by the end of the month. 5. Salaries of $1.480 are accrued at June 30, 6. The equipment has a 5-year life with no salvage value and is being depreciated at $254 per month for 60 months. 6. 7. The equipment has a 5-year life with no salvage value and is being depreciated at $254 per month for 60 months. Invoices representing $4,130 of services performed by Jason during the month have not been recorded as of June 30. Prepare the adjusting entries for the month of June. (List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually) No. Account Titles and Explanation 1 Debit Credit 2. 3. 4. 6. 7. eTextbook and Media Post the adjusting entries to the ledger accounts. Enter the totals from the trial balance as beginning account balances. (Use T- Accounts.) (Post entries in the order of journal entries presented in the previous question.) Cash Accounts Receivable Supplies Dronaid Insurance Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Question 12 of Salaries and Wages Payable Unearned Service Revenue Common Stock Service Revenue Salaries and Wages Expense Rent Expense Depreciation Expense Insurance Expense Question 12 of 12 Insurance Expense eTextbook and Media: Utilities Expense Supplies Expense == !!! Prepare an adjusted trial balance at June 30, 2025. JASON CONSULTING Adjusted Trial Balance Debit Credit Question 12 of 12 -/4 E
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