Heading 2 Maragraph The trial balance before adjustment of Company H at the end of its first month of operations follows: Head Credit Company II Trial Balance June 30, 2021 Debit Cash $4,600 Prepaid Insurance 12,000 Prepaid Supplies 1,500 Equipment 115,200 Notes Payable Accounts Payable Unearned Revenue Retained Eamings Dividends Declared Service Revenue Salaries Expense 19,600 $73,600 3,000 17,000 45,000 4,500 23,000 W DC No Spadng UUU Heading 1 Heading 2 AaBbcc Heading 3 Styles Salaries Expense Advertising Expense Repairs Expense Rent Expense Paragraph 19,600 1,900 900 1,400 $161,600 $161,600 Additional Information: 1. The insurance policy was purchased for $12,000 on June 1. It has a one-year term 2. The equipment was purchased for $115,200 on June 1. A two-year, 6% note payable of $73,600 was issued on June 1 to purchase the equipment the remainder was paid in cash. Interest is payable on the first of each month. The equipment is expected to have a useful life of 10 years. 3. $17,000 of deposits received in advance of delivery services being performed were collected from customers on June 8 and recorded to Uneamed Revenue One half (12) of the related services were provided by June 30. 4. Prepaid supplies of $1,500 were purchased on account on June 1. A count of supplies at June 30 shows $360 of supplies on hand. W o ji Paragraph Heading 3 The trial balance before adjustment of Company H at the end of its first month of operations follows: Credit Company II Trial Balance June 30, 2021 Debit Cash $4,600 Prepaid Insurance 12,000 Prepaid Supplies 1,500 Equipment 115,200 Notes Payable Accounts Payable Unearned Revenue Retained Eamings Dividends Declared 4,500 Service Revenue Salaries Expense 19,600 Advertising Expense 900 Repairs Expense Rent Expense $73,600 3,000 17,000 45,000 23,000 1,900 1,400 $161,600 $161,600 Additional Information: 1. The insurance policy was purchased for $12,000 on June 1. It has a one-year term 2. The equipment was purchased for $115,200 on June 1. A two-year, 6% note payable of $73,600 was issued on June 1 to purchase the equipment, the remainder was paid in cash. Interest is payable on the first of each month. The equipment is expected to have a useful life of 10 years. 3. $17,000 of deposits received in advance of delivery services being performed were collected from customers on June 8 and recorded to Uneamed Revenue One half (1/2) of the related services were provided by June 30. 4. Prepaid supplies of $1,500 were purchased on account on June 1. A count of supplies at June 30 shows $360 of supplies on hand. Instructions: 1. Prepare the original entry in June for each of the above four transactions. 2. Prepare subsequent adjusting entry at June 30 for each of the above four transactions Answer for Q1 below (only work performed in table below will be marked)