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Novak Novak startad his own consulting firm, Novak Consultine on June 1 , 2 0 2 2 . The trial balance at June 3 0
Novak Novak startad his own consulting firm, Novak Consultine on June The trial balance at June is as follave.
In addition to those accounts listed on the trial bal ance, the chart of accounts for Novak also contains the following accounts:
Accumulated DepraciationEquipment, Salaries and Wapes Payabla, Depreciation Expense, Insurance Expense, Utilities Expense,
and Supplias Expense.
Otherdata:
Supplies on hand at June total $
A utility bill for $ has not besn recorded and will not be paid until next month.
The insurance policy is for aysar.
Senvices ware performad for $ of unearnad service revanue by the and of the month.
Salaries of $ are accrued at June
The equipment has a year life with no salvage value and is being depreciated at $ per month for months.
Imvices representing $ of services performad by Novale during the month have not been recorded as of June
Your ancwer is partially correct.
Prspars 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.
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