Good Note Company specializes in the repair of music equipment and is owned and operated by Robin Stahl. On June 30, 20Y6, the end of the current year, the accountant for Good Note prepared the following trial balances:

Good Note Company

Trial Balances

June 30, 20Y6

1		Unadjusted Debit Balances	Unadjusted Credit Balances	Adjusted Debit Balances	Adjusted Credit Balances
2	Cash	38,250.00		38,250.00
3	Accounts Receivable	89,500.00		89,500.00
4	Supplies	11,250.00		2,400.00
5	Prepaid Insurance	14,250.00		3,850.00
6	Equipment	290,450.00		290,450.00
7	Accumulated DepreciationEquipment		94,500.00		106,100.00
8	Automobiles	129,500.00		129,500.00
9	Accumulated DepreciationAutomobiles		54,750.00		62,050.00
10	Accounts Payable		24,930.00		26,130.00
11	Salaries Payable				8,100.00
12	Unearned Service Fees		18,000.00		9,000.00
13	Common Stock		100,000.00		100,000.00
14	Retained Earnings		224,020.00		224,020.00
15	Dividends	75,000.00		75,000.00
16	Service Fees Earned		733,800.00		742,800.00
17	Salary Expense	516,900.00		525,000.00
18	Rent Expense	54,000.00		54,000.00
19	Supplies Expense			8,850.00
20	Depreciation ExpenseEquipment			11,600.00
21	Depreciation ExpenseAutomobiles			7,300.00
22	Utilities Expense	12,900.00		14,100.00
23	Taxes Expense	8,175.00		8,175.00
24	Insurance Expense			10,400.00
25	Miscellaneous Expense	9,825.00		9,825.00
26		$1,250,000.00	$1,250,000.00	$1,278,200.00	$1,278,200.00

Compare the unadjusted trial balance to the adjusted trial balance. Journalize the seven entries that adjusted the accounts at June 30. None of the accounts were affected by more than one adjusting entry. Refer to the Chart of Accounts for exact wording of account titles.

CHART OF ACCOUNTSGood Note CompanyGeneral Ledger

	ASSETS
11	Cash
12	Accounts Receivable
13	Supplies
14	Prepaid Insurance
16	Equipment
17	Accumulated Depreciation-Equipment
18	Automobiles
19	Accumulated Depreciation-Automobiles

	LIABILITIES
21	Accounts Payable
22	Salaries Payable
23	Unearned Service Fees

	EQUITY
31	Common Stock
32	Retained Earnings
33	Dividends

	REVENUE
41	Service Fees Earned

	EXPENSES
51	Salary Expense
52	Rent Expense
53	Supplies Expense
54	Depreciation Expense-Equipment
55	Depreciation Expense-Automobiles
56	Utilities Expense
57	Taxes Expense
58	Insurance Expense
59	Miscellaneous Expense

Compare the unadjusted trial balance to the adjusted trial balance. Journalize the seven entries that adjusted the accounts at June 30. None of the accounts were affected by more than one adjusting entry. Refer to the Chart of Accounts for exact wording of account titles.