P3-6A Alpha Graphics Company SA was organized on January 1, 2017. At the end of the 151 tuooA Problems: Set B first 6 months of operations, the trial balance contained the accounts shown below. Prepare adjusting entries, adjusted trial balance, and financial statements using appendix. Debit Cash Accounts Receivable Equipmentno br Insurance Expense Salaries and Wages Expense 30,000 Supplies Expense Advertising Expense Rent Expense Utilities Expense 8,400 Notes Payable 14,000 45,000 Share Capital-Ordinary or2,880 Credit Accounts Payable 20,000 9,000 22,000 58,280 (LO 5, 6, 7, 8) eService Revenue 3,900 hub bo1,900 1,500 1,700 109,280 l odun en od 109,280 Analysis reveals the following additional data. 1 The 3,900 balance in Supplies Expense represents supplies purchased in January. At June 30, 680 of supplies 2 The note payable was issued on February 1. It is a 99%, 6-month note. 3. The balance in Insurance Expense is the premium on a onsld are on hand. 1-year policy, dated March 1, 2017. 4. Service revenues are credited to revenue when received. At June 30, service revenue of 1,100 is still not performed for the customer 5. Depreciation is 2,250 per year.IOSE aM (b) Adj. trial balance 111,155 (c) Net income 16,025 Ending retained earnings 16,025 Total assets 68,875 Instructions (a) Journalize the adjusting entries at June 30. (Assume adjustments are 6 months.) (b) Prepare (c) Prepare an income statement and a retained carnings statement for the 6 months ended June 30 and a statement of financial position at June 30. recorded every adjusted trial balance. an nibli