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IUA The information below is related to adjustments to the accounts as of June 30, 2011, the end of the current fiscal period. Prepare the

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IUA The information below is related to adjustments to the accounts as of June 30, 2011, the end of the current fiscal period. Prepare the appropriate adjusting entries to be made as of June 30, 2011. Leave one blank line between entries. Omit explanations. 1. The $50 000 balance in Advertising Expense at June 30, 2011, represents the amount paid for advertising. Analysis indicates that $7500 of this amount is for radio ads to be aired in July. 2. The $4800 balance in Prepaid Maintenance on June 30, 2011, represents an advance payment, made September 30, 2010, for maintenance on computers for one year. This regular maintenance service has been performed for the past nine months. 3 A bill for supplies purchased on June 29, 2011, for $400 was not received until July 8, 2011

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