post the adjusting entries to the ledger account. enter the totals from the trial balance as beginning account balance
Len Anthony started his own consulting firm, Anthony Consulting, on June 1, 2022. The trial balance at June 30 is as follows. ANTHONY CONSULTING Trial Balance June 30, 2022 Credit Debit $ 6,850 7,000 2,007 4,020 15,000 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue Common Stock Service Revenue Salaries and Wages Expense Rent Expense $ 4,245 5,200 22,007 8,300 4,000 875 $39,752 $39,752 In addition to those accounts listed on the trial balance, the chart of accounts for Anthony also contains the following accounts: Accumulated Depreciation Equipment, Salaries and Wages Payable, Depreciation Expense, Insurance Expense, Utilities Expense, and Supplies Expense. Other data: 1. Supplies on hand at June 30 total $720. 2. A utility bill for $280 has not been recorded and will not be paid until next month 3. The insurance policy is for a year. 4. Services were performed for $4,140 of unearned service revenue by the end of the month 5. Salaries of $1,500 are accrued at June 30. 6. The equipment has a 5-year life with no salvage value and is being depreciated at $250 per month for 60 months. 7. Invoices representing $4,200 of services performed by Anthony during the month have not been recorded as of June 30. (2007-720) Debit Credit 1287 1287 280 280 (4020/12) 335 335 4140 No. Account titles and explanation 1 Supplies expense Supplies (Supplies used) Utilities expense Accounts payable (Utility bill recorded) Insurance expense Prepaid insurance (Insurance expense for June month) Unearned service revenue Service revenue (Services performed) Salaries and wages expense Salaries and wages payable (Salaries accrued) Depreciation expense Accumulated depreciation Equipment (Depreciation recorded for June) Accounts receivable Service revenue (Services performed) 4140 1500 1500 6 250 250 7 4200 4200 Post the adjusting entries to the ledger accounts. Enter the totals from the trial balance as beginning account balances. (Use T-Accounts.) question.) Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipmen Accounts Payable Salaries and Wages Payable Unearned Service Revenue Common Stock Service Revenue Salaries and Wages Expense Rent Expense Depreciation Expense Insurance Expense Utilities Expense Supplies Expense