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Len Charles started his own consulting firm, Charles Consulting, on June 1,2022 . The trial balance at June 30 is as follows. In addition to
Len Charles started his own consulting firm, Charles Consulting, on June 1,2022 . The trial balance at June 30 is as follows. In addition to those accounts listed on the trial balance, the chart of accounts for Charles also contains the following accounts: Accumulated Depreciation-Equipment, Salaries and Wages Payable, Depreciation Expense, Insurance Expense, Utilities Expense, and Supplies Expense. Other data: 1. Supplies on hand at June 30 total $720. 2. A utility bill for $250 has not been recorded and will not be paid until next month. 3. The insurance policy is for a year. 4. Services were performed for $4,160 of unearned service revenue by the end of the month. In addition to those accounts listed on the trial balance, the chart of accounts for Charles also contains the following accounts: Accumulated Depreciation-Equipment, Salaries and Wages Payable, Depreciation Expense, Insurance Expense, Utilities Expense, and Supplies Expense. Other data: 1. Supplies on hand at June 30 total $720. 2. A utility bill for $250 has not been recorded and will not be paid until next month. 3. The insurance policy is for a year. 4. Services were performed for $4,160 of unearned service revenue by the end of the month. 5. Salaries of $1,260 are accrued at June 30 . 6. The equipment has a 5 -year life with no salvage value and is being depreciated at $250 per month for 60 months. 7. Invoices representing $4,400 of services performed by Charles during the month have not been recorded as of June 30 . Post the adjusting entries to the ledger accounts. Enter the totals from the trial balance as beginning account balances. (Us Accounts.) (Post entries in the order of journal entries presented in the previous question.) Accounts Payable Salaries and Wages Payable Unearned Service Revenue Common Stock Service Revenue Salaries and Wages Expense Salaries and Wages Expense Rent Expense Depreciation Expense Insurance Expense Utilities Expense Supplies Expense
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