Current Attempt in Progress Patricia Williams started her own accounting firm, Williams Accounting, on June 1, 2024. Patricia wants to prepare monthly financial statements, so adjusting entries are required on June 30. Selected transactions for June follow 1. $760 of supplies were used during the month. 2 Utilities expense incurred but not yet recorded or paid on June 30, 2024, is $227. 3. Paid cash of $3,336 for a one-year insurance policy on June 1, 2024. The policy came into effect on this date. 4. 5. 6. 7. On June 1, purchased office equipment for $9,240 cash. It is being depreciated at $154 per month for 60 months. On June 1, Patricia signed a note payable for $7,800,6% interest. Assume June 30 is a Wednesday and employees are paid on Fridays. Williams Accounting has two employees, who are paid i $1,010 each for a five-day workweek that ends on Friday. On June 15, received a $1,200 advance cash payment from a client for accounting services expected to be provided in the future. As at June 30, one-half of these services had not been performed. 8. Invoices representing $1,700 of services performed during the month of June have not been recorded as at June 30. Prepare adjusting entries for the items above. (Credit account titles are automatically indented when the amount is entered. Do not Indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.)