DONALD CONSULTING Trial Balance June 30, 2022 Debit Credit Cash $6,850 Accounts Receivable 7,000 Supplies 2,007 Prepaid Insurance 3,660 Equipment 15,000 Accounts Payable $4,225 Unearned Service Revenue Common Stock 5,200 22,007 Service Revenue 8,300 Salaries and Wages Expense 4,000 Rent Expense 1,215 $39,732 $39,732 Prepare an adjusted trial balance at June 30, 2022. DONALD CONSULTING Adjusted Trial Balance 10 Debit Credit Len Donald started his own consulting firm, Donald Consulting, on June 1, 2022. The trial balance at June 30 is as follows. DONALD CONSULTING Trial Balance June 30, 2022 Debit Credit Cash $6,850 Accounts Receivable 7,000 Supplies 2,007 Prepaid Insurance 3,660 Equipment 15,000 Accounts Payable Unearned Service Revenue Common Stock $4,225 5,200 22,007 Service Revenue 8,300 Salaries and Wages Expense 4,000 Rent Expense 1,215 $39,732 $39,732 In addition to those accounts listed on the trial balance, the chart of accounts for Donald also contains the following accounts: Accumulated Depreciation-Equipment, Salaries and Wages Payable, Depreciation Expense, Insurance Expense, Utilities Expense, and Supplies Expense. Other data: 1. Supplies on hand at June 30 total $720. 2. A utility bill for $270 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 $4,320 of unearned service revenue by the end of the month. 5. Salaries of $1,250 are accrued at June 30. 6. 7. The equipment has a 5-year life with no salvage value and is being depreciated at $250 per month for 60 months. Invoices representing $4,240 of services performed by Donald during the month have not been recorded as of June 30. Prepare an adjusted trial balance at June 30, 2022. DONALD CONSULTING Adjusted Trial Balance Debit Credit