Len Richard started his own consulting firm, Richard Consulting, on June 1, 2022. The trial balance at June 30 is as follows. RICHARD CONSULTING Trial Balance June 30, 2022 Credit Debit $6,850 7,000 1,982 3,180 15,000 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue Common Stock Service Revenue Salaries and Wages Expense Rent Expense $ 4,245 5,200 21,982 8,300 4,000 1,715 $39,727 $39,727 In addition to those accounts listed on the trial balance, the chart of accounts for Richard also contains the following accounts: Accumulated Depreciation-Equipment, Salaries and Wages Payable, Depreciation Expense, Insurance Expense, Utilities Expense, and Supplies Expense. Other data: Other data: 1. 2. 3. 4. 5. Supplies on hand at June 30 total $720. A utility bill for $250 has not been recorded and will not be paid until next month. The insurance policy is for a year. Services were performed for $4,330 of unearned service revenue by the end of the month. Salaries of $1,450 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 $4,270 of services performed by Richard during the month have not been recorded as of June 30. 6. 7. Cash 6/30 Bal. 6,850 Accounts Receivable 6/30 Bal. 7.000 6/30 4,090 6/30 Bal. 11,090 Supplies 6/30 Bal. 1.982 6/30 1.262 6/30 Bal. 120 Prepaid Insurance 6/30 Bal. 2,760 6/30 230 6/30 Bal 2,530 Equipment 6/30 Bal 15,000 Accumulated Depreciation Equipment 6/30 250 Accumulated Depreciation-Equipment 6/30 v 250 6/30 250 Accounts Payable 6/30 4,270 6/30 210 6/30 4,480 Salaries and Wages Payable 6/30 1,420 6/30 1,420 Unearned Service Revenue 4,100 6/30 6/30 5,200 1,100 Common Stock 6/30 21,982 Service Revenue 2/30 8.300 6/30 4,100 Service Revenue 6/30 8,300 6/30 4,100 C 6/30 4,090 v 6/30 16,490 Salaries and Wages Expense 6/1 4,000 6/30 1.420 6/30 Bal. 5,420 Rent Expense 6/30 Bal. 2,160 Depreciation Expense 6/30 250 6/30 Bal v 250 Insurance Expense 6/30 230 6/30 Bal. 230 6/1 4,000 6/30 1,420 6/30 Bal. 5,420 Rent Expense 6/30 Bal. 2.160 Depreciation Expense 6/30 250 6/30 Bal. 250 Insurance Expense 6/30 230 6/30 Bal. 230 Utilities Expense 6/3 210 6/30 Bal. 210 Supplies Expense 6/30 1,262 6/30 Bal 1,262