P4-2A, Prepare adjusting entries, postto ledger accounts, and prepare adjusted trialbalance.

Ken Lumas started his own consulting firm, LumasConsulting, on June 1, 2014. The trial balance at June30 is as follows.

LUMAS CONSULTING

Trial Balance

June 30, 2014

Debit

Credit

Cash

$6,850

Accounts Receivable

7,000

Prepaid Insurance

2,880

Supplies

2,000

Equipment

15,000

Accounts Payable

$4,230

Unearned Service Revenue

5,200

Common Stock

22,000

Service Revenue

8,300

Salaries and Wages Expense

4,000

RentExpense

2,000

$39,730

$39,730

In addition to those accounts listed onthe trial balance, the chart of accounts for Lumas alsocontains the following accounts:

Accumulated Depreciation