Please answer all parts of the adjusted journal entries (parts that are blank). Thank you.

Adjusting entries Now that you have completed the unadjusted trial balance, you are ready to record the end of month adjustments for June. The purpose of adjusting entries is to ensure that the general ledger account balances reflect the revenues earned and expenses incurred during the accounting period. Remember that the details of the end of month adjustments for June are as follows: Coffee Making Equipment owned by the business: original purchase price was $55,000, estimated useful life was 7 years, and estimated residual value was $8,900 at the end of the useful life. Depreciation is calculated on a monthly basis using the straight line method. The monthly depreciation charge is calculated as the yearly depreciation expense divided by the number of months in a year. A number of coffee making lessons totalling $4,200 were provided during the month of June for Con's Coffee but not yet invoiced. The estimated telephone bill payable as at the end of June is $110. Instructors work every single day during the week including weekends and are paid on a periodic basis. Wages were last paid up to and including June 16. Wages incurred after that day (from June 17 to June 30 inclusive) are estimated to have been $600 per day. Interest expense incurred during the month of June but not yet paid to Earth Bank for the bank loan is $870. Provided $2,700 worth of coffee making lessons during the month of June in relation to the cash received in advance from Central Coffee on June 10. Office supplies totaling $1,008 are still on hand at June 30. $3,000 of worth prepaid rent expired during the month of June. Instructions for adjusting entries 1) Record the end of month adjusting entries in the general journal. 2) Post the adjusting entries from the general journal to the general ledger accounts. 3) Record the final adjusted balance of each ledger account in the Adjusted Balance row of each ledger, even for ledgers with a balance of zero. Although each ledger already has a running balance, the Adjusted Balance row must still be filled out in order to receive full points. Back-On-Track functionality Please note that any answers from previous pages carried through onto this page (either on the page or in a popup information page) have been reset, if necessary, to the correct answers. Your particular answers from previous pages are no longer shown. Remember: Enter all answers to the nearest whole dollar. You are also required to apply the journal and ledger instructions provided in previous stages of the practice set. Before pressing the Submit answers button, we recommend that you click the Show All tab and check that all relevant accounting records have been completed. GENERAL JOURNAL Date Account and Explanation Post Ref. Debit Credit Jun 30 (select) (select) Jun 30 (select) (select) Jun 30 (select) (select) Jun 30 (select) select) Jun 30 (select) (select) Jun 30 (select) select) Jun 30 (select) (select) Jun 30 (select) (select) GENERAL LEDGER Account: Accounts Receivable Account No. 110 Date Ref. Debit Credit Balance Jun Description 9 Service revenue 15 Collection of accounts receivable GJ 6,700 Jun GJ 2,600 6,700 DR 4,100 DR 8,600 DR Jun 27 Service revenue GJ 4,500 Jun 30 Jun 30 Jun 30 Jun 30 Adjusted Balance V (Q=510-130.StoreSupplies_adjEntry) Account: Office Supplies Account No. 130 Date Ref. Debit Credit Balance Description 7 purchase of office supplies Jun GJ 2,800 2,800 DR Jun 30 V Jun 30 Jun 30 Jun 30 Adjusted Balance (Q=510-140.PrepaidExpense_adjEntry) Account: Prepaid Rent Account No. 140 Date Ref. Debit Credit Description 1 Prepaid rent Balance 9,000 DR Jun a GJ 9,000 Jun 30 Jun 30 Jun 30 Jun 30 Adjusted Balance (Q=510-161.AccDepnCapitalAsset1_adjEntry) Account: Accum Depn: Coffee Making Equipment Account No. 161 Date Description Ref. Debit Credit Balance Jun 30 Jun 30 Jun 30 V Jun 30 Adjusted Balance (Q=510-220.WagesPayable_adjEntry) Account: Wages Payable Account No. 220 Description Ref. Debit Credit Balance Date Jun 30 Jun 30 Jun 30 Jun 30 Adjusted Balance (Q=510-221.UtilityPayable_adjEntry) Account: Telephone Payable Account No. 221 Date Description Ref. Debit Credit Balance Jun 30 Jun 30 Jun 30 Jun 30 Adjusted Balance (Q=510-225. InterestPayable_adjEntry) Account: Interest Payable Account No. 225 Date Description Ref. Debit Credit Balance Jun 30 Jun 30 Jun 30 Jun 30 Adjusted Balance (Q=510-230.UnearnedRevenue_adjEntry) Account: Unearned Revenue Account No. 230 Ref. Debit Balance Date Jun Description 10 Revenue received in advance Credit 4,500 GJ 4,500 CR Jun 30 Jun 30 Jun 30 Jun 30 Adjusted Balance (Q=510-400.Revenues_adjEntry) Account: Revenues Account No. 400 Date Ref. Debit Credit GJ 4,600 Jun Jun Description 5 Received cash for services 9 Services provided on credit 23 Received cash for services 27 Services provided on credit GJ 6,700 3,000 Balance 4,600 CR 11,300 CR 14,300 CR 18,800 CR Jun GJ Jun GJ 4,500 Jun 30 Jun 30 Jun 30 Jun 30 Adjusted Balance (Q=510-516. WagesExpense_adjEntry) Account: Wages Expense Account No. 516 Date Credit Balance Description 17Paid staff wages Ref. GJ Debit 6,500 Jun 6,500 DR Jun 30 Jun 30 Jun 30 Jun 30 Adjusted Balance (Q=510-541.UtilityExpense_adjEntry) InterestExpense_adjEntry) Account: Interest Expense Account No. 571 Date Description Ref. Debit Credit Balance Jun 30 Jun 30 Jun 30 Jun 30 Adjusted Balance Chart of accounts Account No. Name 100 Cash 110 Accounts Receivable 130 Office Supplies 140 Prepaid Rent 160 Coffee Making Equipment 161 Accum Depn: Coffee Making Equipment 210 Accounts Payable 220 Wages Payable 221 Telephone Payable 225 Interest Payable 230 Unearned Revenue 250 Bank Loan Payable 300 Capital 310 Income Summary 350 Withdrawals 400 Revenues 516 Wages Expense 541 Telephone Expense 543 Rent Expense 544 Office Supplies Expense 560 Depn Expense: Coffee Making Equipment 571 Interest Expense GENERAL LEDGER PRE ADJUSTING Account: Cash Account No. 100 Date Ref. Debit Credit Balance Jun 103,000 103,000 DR Jun 55,000 Description 1 Capital contributed by Diana Ramsey 1 Purchase of equipment 1 Received cash loan 1 Prepaid rent 5 Service revenue Jun 174,000 Jun GJ 9,000 48,000 DR 222,000 DR 213,000 DR 217,600 DR 217,450 DR 221,950 DR Jun 4,600 Jun 6 Paid telephone expense 150 8 8 8 8 8 8 8 8 8 8 8 8 Jun 10 Revenue received in advance 15 Collection of accounts receivable 4,500 2,600 Jun Jun 6,500 Jun 17 Paid staff wages 21 Cash withdrawal by Diana Ramsey 23 Paid office supplies 2,000 224,550 DR 218,050 DR 216,050 DR 214,090 DR 217,090 DR Jun 1,960 Jun 23 Service revenue GJ 3,000 Jun 30 Unadjusted Balance 217,090 DR Account: Accounts Receivable Account No. 110 Date Description Ref. Debit Credit Balance Jun 9 Service revenue GJ 6.700 Jun 15 Collection of accounts receivable GJ 2,600 6,700 DR 4,100 DR 8,600 DR Jun 27 | Service revenue GJ 4,500 Jun 30 Unadjusted Balance 8,600 DR Account: Office Supplies Account No. 130 Date Ref. Debit Credit Jun Description 7 purchase of office supplies 30 Unadjusted Balance GJ 2,800 Balance 2,800 DR 2,800 DR Jun Account: Prepaid Rent Account No. 140 Date Ref. Credit Description 1 Prepaid rent 30 Unadjusted Balance Jun Debit 9,000 GJ Balance 9,000 DR 9,000 DR Jun Account: Coffee Making Equipment Account No. 160 Date Ref. Debit Credit Balance Jun Description 1 Purchase of equipment 30 Unadjusted Balance GJ 55,000 55,000 DR 55,000 DR Jun Account: Accum Depn: Coffee Making Equipment Account No. 161 Date Ref. Debit Credit Balance Description 30 Unadjusted Balance Jun 0 Account: Accounts Payable Account No. 210 Date Ref. Debit Credit Balance Jun GJ 2,800 2,800 CR Description 7 Purchase of office supplies 23 Paid office supplies 30 Unadjusted Balance Jun GJ 1,960 840 CR Jun 840 CR Account: Wages Payable Account No. 220 Date Ref. Debit Credit Balance Description 30 Unadjusted Balance Jun Account: Telephone Payable Account No. 221 Date Ref. Debit Credit Balance Description 30 Unadjusted Balance Jun 0 Account: Interest Payable Account No. 225 Date Ref. Debit Credit Balance Description 30 Unadjusted Balance Jun 0 Account: Unearned Revenue Account No. 230 Date Ref. Debit Balance Description 10 Revenue received in advance Credit 4,500 Jun GJ 4,500 CR Jun 30 Unadjusted Balance 4,500 CR Account: Bank Loan Payable Account No. 250 Date Ref. Debit Credit Balance Jun Description 1 Received cash loan 30 Unadjusted Balance GJ 174,000 174,000 CR 174,000 CR Jun Account: Capital Account No. 300 Date Ref. Debit Credit Balance Jun Description 1 Capital contributed by Diana Ramsey 30 Unadjusted Balance GJ 103,000 103,000 CR 103,000 CR Jun Account: Income Summary Account No. 310 Date Ref. Debit Credit Balance Description 30 Unadjusted Balance Jun 0 Account: Withdrawals Account No. 350 Date Ref. Debit Credit Balance Jun Description 21 Cash withdrawal by Diana Ramsey 30 Unadjusted Balance GJ 2,000 2,000 DR 2,000 DR Jun Account: Revenues Account No. 400 Date Ref. Debit Credit GJ Jun Jun 4,600 6,700 GJ Description 5 Received cash for services 9 Services provided on credit 23 Received cash for services 27 Services provided on credit 30 Unadjusted Balance Balance 4,600 CR 11,300 CR 14,300 CR 18,800 CR 18,800 CR Jun GJ 3,000 Jun GJ 4,500 Jun Account: Wages Expense Account No. 516 Date Description Ref. Debit Credit Balance Jun 17 Paid staff wages GJ 6,500 6,500 DR Jun 30 Unadjusted Balance 6,500 DR Account: Telephone Expense Account No. 541 Date Ref. Debit Credit Balance Jun Description 6 Paid telephone expense 30 Unadjusted Balance GJ 150 150 DR Jun 150 DR Account: Rent Expense Account No. 543 Date Ref. Debit Credit Balance Description 30 Unadjusted Balance Jun 0 Account: Office Supplies Expense Account No. 544 Date Ref. Debit Credit Balance Description 30 Unadjusted Balance Jun 0 Account: Depn Expense: Coffee Making Equipment Account No. 560 Date Ref. Debit Credit Balance Description 30 Unadjusted Balance Jun 0 Account: Interest Expense Account No. 571 Date Ref. Debit Credit Balance Description 30 Unadjusted Balance Jun 0