Margaret Taylor started her own accounting firm, Taylor Accounting, on June 1, 2024, Margaret wants to prepare monthly financial statements, so adjusting entries are required on June 30 . Selected transactions for June follow. 1. $830 of supplies were used during the month. 2. Utilities expense incurred but not yet recorded or paid on June 30,2024, is $241. 3. Paid cash of $3,504 for a one-year insurance policy on June 1. 2024, The policy came into effect on this date. 4. On June 1, purchased office equipment for $10,920 cash. It is being depreciated at $282 per month for 60 months. 5. On June 1, Margaret signed a note payable for $9,200,6% interest. 6. Assume June 30 is a Wednesday and employees are paid on Fridays. Taylor Accounting has two employees, who are paid \$1,010 each for a five-day workweek that ends on Friday. 7. On June 15, received a $1.200 advance cash payment from a client for accounting services expected to be provided in the future. As at June 30 , one half of these services had not been performed. 8. Invoices representing 51.700 of services performed during the month of June have not been recorded as at June 30