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Galaxy Consulting began operations on June 1, 2021. The trial balance (unadjusted) at June 30 is as follows. Galaxy Consuiting Trier Balance June 30, 2021

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Galaxy Consulting began operations on June 1, 2021. The trial balance (unadjusted) at June 30 is as follows. Galaxy Consuiting Trier Balance June 30, 2021 Debit Credit Cash 39,530 Accounts Receivable 7.000 Supplies 2,700 Equipment 19.500 Accounts Payable 4,230 Note Payable 35.000 Unearned Service Revenue 5,200 Common Stock 22,000 Service Revenue 8,300 Salaries and Wages Expense 4,000 Rent Expense 2,000 74,730 74,730 An analysis of the accounts shows the following other data. 1. Supplies on hand at June 30 total $930. 2. Services were performed for $1,500 of unearned service revenue by the end of the month. 3.Salaries of $1,250 are accrued at June 30. 4. The equipment has a 5-year life and is being depreciated at $325 per month 5.The note payable is dated June 1 and bears an annual interest rate of 12%. Prepare the adjusting journal entries for the month of June. Record your journal entries as follows: Item # Date DR Account Title #: CR Account Title # For example, (1) April 30 DR Utilities Expense 100; CR Accounts Payable 100

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