Problem 4-2A Len Kumar started his own consulting firm, Kumar Consulting, on June 1, 2017. The trial balance at June 30 is as follows. KUMAR CONSULTING Trial Balance June 30, 2017 Debit Credit Cash $6,850 Accounts Receivable 7,000 Supplies 1,972 Prepaid Insurance 2,280 Equipment 15,000 Accounts Payable $4,270 Unearned Service Revenue 5,200 Common Stock 21,972 Service Revenue 8,300 Salaries and Wages Expense 4,000 Rent Expense 2,640 $39,742 $39,742 In addition to those accounts listed on the trial balance, the chart of accounts for Kumar 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 $230 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 $4,130 of unearned service revenue by the end of the month 5. Salaries of $1,410 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 $4,140 of services performed during the month have not been recorded as of June 30. ALDAOR ent No. Account Titles and Explanation Debit Credit X 1. Supplies Expense 6130 Supplies 6130 2. Utilities Expense 230 Accounts Payable 230 3. Insurance Expense 190 Prepaid Insurance 061 4. Unearned Service Revenue 4130 Service Revenue 4130 5. Salaries and Wages Expense 1410 1410 Salaries and Wages Payable 250 6 Depreciation Expense Post the adjusting entries to the ledger accounts. Enter the totals from the tral balance as beginning acoount balances (Use T-Acoounts.) (Post entries in the order of journal entries presented in the previous question.) Cash 6/30 6850 Accounts Receivable 6/30 7000 6/30 6/1 Supplies udy 6/30 6/30 Prepaid Insurance 6/30 6/30 322 AM CALCULATOR FULL SCREEN Equipment 6/30 Accumulated Depreciation Equipment s Payable s Payable Unearned Service Revenue Common Stock Y. Rent Expense Depreciation Expense Insurance Expense Utilities Expense Supplies Expense Prepare an adjusted trial balance at June 30, 2017. KUMAR CONSULTING Adjusted Trial Balance Debit Credit a Assignment Gradebook Downloadable eTextbook ORION nt Click if you would like to Show Work for this question: Open Show Work DELL