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Len John started his own consulting firm, John Consulting, on June 1, 2022. The trial balance at June 30 is as follows. JOHN CONSULTING Trial

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Len John started his own consulting firm, John Consulting, on June 1, 2022. The trial balance at June 30 is as follows. JOHN CONSULTING Trial Balance June 30, 2022 Debit Credit Cash $6,850 Accounts Receivable 7,000 Supplies 1.997 Prepaid Insurance 2.880 Equipment 15.000 Accounts Payable $4.255 Unearned Service Revenue 5.200 Common Stock 21.997 Service Revenue 8.300 Salaries and Wages Expense 4000 Rent Expense 2,025 $39.752 $39.752 In addition to those accounts listed on the trial balance, the chart of accounts for John also contains the following accounts Accumulated Depreciation Equipment Salaries and Wages Payable. Depreciation Expense Insurance Expense des Expense and Supplies Expense Other data H B In addition to those accounts listed on the trial balance, the chart of accounts for John 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. 5. 6. 7. Supplies on hand at June 30 total $720. Autility bill for $270 has not been recorded and will not be paid until next month. The insurance policy is for a year. Services were performed for $4,120 of unearned service revenue by the end of the month. Salaries of $1,400 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 $4,250 of services performed by John during the month have not been recorded as of June 30. 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.) No. Account Titles and Explanation Debit Credit 1. 2 6 8 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. 4 8 R S N M 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 Accumulated Depreciation-Equipment Accounts Payable Salaries and Wages Payable Unearned Service Revenue Common Stock Service Revenue 8 Salaries and Wages Expense Rent Expense Depreciation Expense Insurance Expense Utilities Expense Supplies Expense Adjusted Trial Balance . Debit Credit G B M e Textbook and Media B N M

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