Len Gary started his own consulting firm, Gary Consulting on June 1, 2022. The trial balance at June 30 is as follows. GARY CONSULTING Trial Balance June 30, 2022 Debit Credit Cash $ 6,850 Accounts Receivable 7,000 2,012 Supplies Prepaid Insurance Equipment 4260 15,000 Accounts Payable $4250 Unearned Service Revenue 5.200 22.012 8,300 Common Stock Service Revenue Salaries and Wages Expense Rent Expense 4,000 640 $39,762 $39,762 In addition to those accounts listed on the trial balance, the chart of accounts for Gary also contains the following accounts: Accumulated Depreciation Equipment, Salaries and Wages Payable, Depreciation Expense, Insurance Expense, Utilities Expense, and Supplies Expense. Other data: 1 2 3. 4. Supplies on hand at June 30 total $720. A utility bill for $190 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 $1,260 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 $4,160 of services performed by Gary during the month have not been recorded as of June 30. 5. 7. Prepare the adjusting entries for the month of June. (If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit 1. 2. 3. 4 5. 6. 7. 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 Accounts Receivable Depreciation Expense Insurance Expense Utilities Expanse Supplies Expense Prepare an adjusted trial balance une 30, 2022. GARY CONSULTING Adjustad Trial Balance Debit Credit