Darryl's Gym Darryl's Gym began operations on June 1, of the current year. You have been hired to serve as the accountant for this entity. All business transactions for the month have been given to you. You are now required to prepare a complete set of financial records for the month of June. Detailed instructions are provided. Be sure to complete each step to assure that everything is done as required. 8. 9. 5. 6. 69 888 7. 10. 237 Requirements 1. 3. Journalize the initial transactions dated June 1 to June 30. Omit explanations for a journal entries. Post the transactions to the General Journal. Prepare an Unadjusted Trial Balance. Complete the 10 column worksheet using the following adjustments: a. $11,000 of Unearned Service Revenue has been earned. b. One month's rent has now been used. c. The newspaper has provided one month's service of providing a full page ad. d. Depreciation on the Equipment is $2,400. e. The cleaning company has provided one month's service at the rate of $10,000 per month. They have not been paid. f. One month of liability insurance has expired. g. Earned $3,000 by providing service to a corporate client. Payment is not due yet. Journalize the adjusting entries Post the adjusting entries to the General Ledger Prepare the following formal financial statements: Journalize the closing entries. Post the closing entries to the General Ledger Prepare a Post Closing Trial Balance. a. Income Statement b. Statement of Owner's Equity c. Balance Sheet