Following is the trial balance of ABC Pte Ltd at 30 June 2021 before any adjusting entries have been made. Additional information: (i) Prepaid insurance represents premiums for 1 year paid on 1 January 2021 . (ii) Supplies of $600 were on hand on 30 June 2021. (iii) Office furniture, which had been purchased on 1 January 2021 , is expected to last 10 years. (iv) $4,000 of the $5,000 unearned service revenue had been earned on 30 June 2021. (v) Accrued salaries not recorded as at 30 June 2021 are $3,000. Required: (a) Record in the general journal the necessary adjusting entries on 30 June 2021. Narration required. (b) Prepare the Statement of Financial Position of ABC Pte Ltd as at 30 June 2021. Following is the trial balance of ABC Pte Ltd at 30 June 2021 before any adjusting entries have been made. Additional information: (i) Prepaid insurance represents premiums for 1 year paid on 1 January 2021 . (ii) Supplies of $600 were on hand on 30 June 2021. (iii) Office furniture, which had been purchased on 1 January 2021 , is expected to last 10 years. (iv) $4,000 of the $5,000 unearned service revenue had been earned on 30 June 2021. (v) Accrued salaries not recorded as at 30 June 2021 are $3,000. Required: (a) Record in the general journal the necessary adjusting entries on 30 June 2021. Narration required. (b) Prepare the Statement of Financial Position of ABC Pte Ltd as at 30 June 2021