Len James started his own consulting firm, James Consulting, on June 1, 2022. The trial balance at June 30 is as follows. JAMES CONSULTING Trial Balance June 30, 2022 Credit Debit $ 6,850 7,000 1,972 2,820 15,000 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue Common Stock Service Revenue Salaries and Wages Expense Rent Expense $ 4,210 5,200 21,972 8,300 4,000 2,040 $39,682 $39,682 In addition to those accounts listed on the trial balance, the chart of accounts for James 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 $180 has not been recorded and will not be paid until next month. The insurance policy is for a year. Services were performed for $4,100 of unearned service revenue by the end of the month. Salaries of $1,250 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 $3,900 of services performed by James during the month have not been recorded as of June 30. 5. 6. 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.) Debit Credit No. Account Titles and Explanation 1. Supplies Expense 1252 Supplies 1252 2. Utilities Expense 180 Accounts Payable 180 3. Insurance Expense 235 Prepaid Insurance 235 Unearned Service Revenue 4100 Service Revenue 4100 5. 1250 Salaries and Wages Expense Salaries and Wages Payable 1250 6. Depreciation Expense 250 Accumulated Depreciation-Equipment 250 7. Accounts Receivable 3900 Service Revenue 3900 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 Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries and Wages Payable Unearned Service Revenue Common Stock Service Revenue > Rent Expense Depreciation Expense Insurance Expense Prepare an adjusted trial balance at June 30, 2022. JAMES CONSULTING Adjusted Trial Balance Debit Credit $ $ $