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Len Donald started his own consulting firm Donald Consulting on June 1, 2022. The tral balance at June 30 is as follows DONALD CONSULTING Trial

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Len Donald started his own consulting firm Donald Consulting on June 1, 2022. The tral balance at June 30 is as follows DONALD CONSULTING Trial Balance June 30.2022 Credit Debit $ 6,850 7,000 2.007 3.660 15.000 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue Common Stock Service Revenue Salaries and Wages Expense Rent Expense $4225 5.200 22,007 8.300 4,000 1.215 $39.732 $39,732 In addition to those accounts listed on the trial balance, the chart of accounts for Donald also contains the fol Accumulated Depreciation - Equipment, Salaries and Wages Payables, Depreciation Expense. Insurance Expens and Supplies Expense Apense 2 Other data: 1. Supplies on hand at June 30 total $720. A utility bill for 5270 has not been recorded and will not be paid until next month. The insurance policy is for a year. Services were performed for $4,320 of unearned service revenue by the end of the month Salaries of $1. so are accrued at June 30. 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 $4,240 of services performed by Donald during the month have not been recorded as of line 30, 4. 6. No. Account Titles and Explanation 1. Debit Credit 2 3. 4. 5. Cash Accounts Receivable > Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Accounts Payable Salaries and Wages Payable Unearned Service Revenue Common Stock Service Revenue > > Salaries and Wages Expense Rent Expense Rent Expense Depreciation Expense I Insurance Expense Utilities Expense Supplies Expense

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