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Question 1 of 3 < > -/2 E Len Thomas started his own consulting firm, Thomas Consulting, on June 1, 2025. The trial balance
Question 1 of 3 < > -/2 E Len Thomas started his own consulting firm, Thomas Consulting, on June 1, 2025. The trial balance at June 30 is as follows. Thomas Consulting Trial Balance June 30, 2025 Debit Credit Cash $6,950 Accounts Receivable 7,100 Supplies 2,100 Prepaid Insurance 3,000 Equipment 15,120 Accounts Payable $4,330 Unearned Service Revenue 5,300 Common Stock 22,100 Service Revenue 8,400 Salaries and Wages Expense 4,100 Rent Expense 1,760 $40,130 $40,130 Question 1 of 3 < > -/2 E In addition to those accounts listed on the trial balance, the chart of accounts for Thomas also contains the following accounts: Accumulated Depreciation-Equipment, Salaries and Wages Payable, Depreciation Expense, Insurance Expense, Utilities Expense, and Supplies Expense. Other data: Supplies on hand at June 30 total $820. 1. 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 $4,200 of unearned service revenue by the end of the month. 5. Salaries of $1,350 are accrued at June 30. 6. The equipment has a 5-year life with no salvage value and is being depreciated at $252 per month for 60 months. 7. Invoices representing $4,000 of services performed by Thomas during the month have not been recorded as of June 30. (a) Prepare the adjusting entries for the month of June. (List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit Question 1 of 3 No. Account Titles and Explanation Debit Credit 1. 2. 3. 4. 5. MacBook Air -/2 E
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