Len Edward started his own consulting firm, Edward Consulting, on June 1, 2022. The trial balance at June 30 is as follows. EDWARD CONSULTING Trial Balance June 30, 2022 Debit Credit Cash 6,850 Accounts Receivable 7.000 2,002 Supplies Prepaid insurance Equipment 3,900 15,000 Accounts Payable 4.250 Unearned Service Revenue 5,200 Common Stock 22.002 Service Revenue 8,300 8.300 Service Revenue Salaries and Wages Expense Rent Expense 4,000 1,000 $ 39.752 $ 39,752 In addition to those accounts listed on the trial balance, the chart of accounts for Edward also contains the following accounts Accumulated Depreciation-Equipment, Salaries and Wages Payable. Depreciation Expense, Insurance Expense Utilities Expenses and Supplies Expense Other data: 1 Supplies on hand at June 30 total 5720 2 Autility bill for $260 has not been recorded and will not be paid until next month 3 The Insurance policy is for a year 3. 4. 5. The Insurance policy is for a year. Services were performed for $4,170 of unearned service revenue by the end of the month. Salaries of $ 1,360 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. Invoices representing $ 4.200 of services performed by Edward during the month have not been recorded as of June 30. 6. 7 Your answer is partially correct. Prepare the adjusting entries for the month of June. (If no entry is required, select "No Entry for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit No. Account Titles and Explanation 1280 1 1280 Supplies 1280 2. Utilities Expense 180 Accounts Payable 180 3 . Insurance Expense 240 240 Prepaid Insurance Uneared Service Revenue 4100 Service Revenue 4100 5. 1250 Salaries and Wages Expense Salaries and Wapes Payable 1250 6 Depreciation Exoons 250 Accumulated Depreciation Equipment 7. Accounts Receivable 3900 Service Revenue 3900 e Textbook and Media List of Accounts Your answer is partially correct. Post the adjusting entries to the ledger accounts. Enter the totals from the trial balance as beginning account balances. (Use T- Accounts.) (Post entries in the order of journal entries presented in the previous question.) Cash 2/30 Bal Accounts Receivable Accounts Receivable 6/30 Bal. 2.000 6/30 4. 4,200 6/30 11200 6/30 Bal. 11200 Supplies 1 6/30 Bal 1262 6/30 Bal. 720 Prepaid Insurance 6/30 Bal. 3.900 6/30 . 230 6/30 2530 Equipment 6/30 Bal4 15,000 Accumulated Depreciation-Equipment 6/1 250 6/30 Bal 250 Accounts Payable 6/30 Bal. 250 $ 6/30 260 6/30 Bal4 4510 6/30 Bal. Salaries and Wages Payable 6/1 . 6/30 Bal. Unearned Service Revenue 5200 6/30 4,170 6/30 Bal. 5200 6/30 Bal. 4,170 6/30 Bal. Common Stock 6/30 Bal. 22002 Service Revenue 6/30 200 6/30 170 6/30 16670 6/30 Bal 1067 6/30 Bal. Salaries and Wages Expense 6/30 1360 6/30 . 1,360 6/30 Bal. 2720 6/30 Bal. 2720 Rent Expense 6/30 1.000 Depreciation Expense 6/30 250 6/30 Bal. 250 6/30 Bal. 250 Insurance Expense 6/30 325 6/30 Bal. 32 6/30 Bali 325 6/30 250 250 6/30 Bal. 250 6/30 Bal. Insurance Expense 6/30 325 325 6/30 Bal! 325 6/30 Bal. Utilities Expense 260 6/30 260 6/30 Bal. 260 6/30 Bal. Supplies Expense 6/30 2282 6/30 Bal. 1282 6/30 Bal. 1282 EDWARD CONSULTING Adjusted Trial Balance June 30, 2022 Debit Credit Cash 6350 Account Recolib 7.000 Supplies Prepaid in arance 3.000 Eulent 100 Accumulated Depreciation ACCP 4.250 4.250 Accounts Payable Equipment 15.000 5200 Une amned Service Revenue 1360 Salaries and Wortes Payable 2002 Common Stock 8300 Selvke flovenue 400 Strict and Wie Experts 1000 Rontes 260 720 Supoles Expo 100 Hostinct Export 39752 39752