Heis Delivery Services Trial Balance June 30, 2021 Debit Credit $4,000 14.400 1.700 111,000 $57.200 2,000 Cash Prepaid Insurance Supplies Equipment Notes Payable Accounts Payable Uneared Revenue A. Heis, Capital A. Heis, Drawings Service Revenue Salaries Expense Advertising Expense Repairs Expense 14,000 50,000 3,100 32.000 17.100 1.800 800 Rent Expense 1,300 P 20 Question 4 of 4 17.100 1,800 Salaries Expense Advertising Expense Repairs Expense Rent Expense 800 1,300 $155,200 $155,200 Additional Information: 1. 2. The insurance policy was purchased for $14.400 on June 1. It has a one-year term. The equipment was purchased for $111,000 on June 1. A two-year, 6% note payable of $57.200 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. $14,000 of deposits received in advance of delivery services being performed were collected from customers on June 8 and recorded to Unearned Revenue. One halt (1/2) of the related services were provided by June 30. Supplies of $1,700 were purchased on account on June 1. A count of supplies at June 30 shows $300 of supplies on hand. 3 4. Prepare the original entry in June for each of the above four transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round answers to decimal places, 0.g. 125.) No. Date Account Titles and Explanation Debit Credit MacBook Air epare the original entry in June for each of the above four transactions. (Credit account titles are automatically indeme en amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter For the amounts. Round answers to 0 decimal places, e.g. 125.) Debit Credit lo. Date Account Titles and Explanation June 1 14.400 Insurance Expense-Dr To Bank/Cash June 1 Equipment Account-De 1. To 6%Note Payable To cash(1 11 900-57.200) June . CashBank Account-D 14.000 To Unearned Revenue Account June 1 . Supplies Account-Dr To Accounts Payable Account are subsequent adjusting entry at June 30 for each of the above four transactions. (Credit account titles are automatically ated when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles