Question #1 (32 marks) The trial balance before adjustment of Company H at the end of its first month of operations follows: Cred it Company H Trial Balance June 30, 2021 Debit Cash $4,600 Prepaid Insurance 12,000 Prepaid Supplies 1,500 Equipment 115,200 Notes Payable Accounts Payable Unearned Revenue Retained Eamings Dividends Declared 4,500 Service Revenue Salaries Expense 19,600 Advertising Expense 1900 $73,600 3.000 17.000 45.000 23,000 was pass Rent Expense 1,400 $161,600 $161,600 Additional Information: 1. The insurance policy was purchased for $12,000 on June 1. It has a one-year term. 2. The equipment was purchased for $115,200 on June 1. A two-year, 6% note payable of $73,600 was issued on June 1 to purchase the equipment, the remainder was paid in cash. Interest is payable on the first of each month. The equipment is expected to have a useful life of 10 years 3. $17,000 of deposits received in advance of delivery services being performed were collected from customers on June 8 and recorded to Uneamed Revenue. One half (1/2) of the related services were provided by June 30 4. Prepaid supplies of S1 500 were purchased on account on June 1. A count of supplies at June 30 shows $360 of supplies on hand Instructions: 1. Prepare the original entry in June for each of the above four transactions 2. Prepare subsequent adjusting entry at June 50 for each of the above four transactions