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Question 10 of 13 0.88/1 Len Anthony started his own consulting firm, Anthony Consulting, on June 1, 2022. The trial balance at June 30 is
Question 10 of 13 0.88/1 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: Question 10 of 13 0.88/1 ili LUTHFUITSLUCK ZLUUT 8,300 Service Revenue Salaries and Wages Expense Rent Expense 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. 2. 3. 4. 5. Supplies on hand at June 30 total $720. A utility bill for $280 has not been recorded and will not be paid until next month. The insurance policy is for a year. Services were performed for $4,140 of unearned service revenue by the end of the month. Salaries of $1,500 are accrued at June 30. The equipment has a 5-year life with no salvage value and is being depreciated at $250 per month for 60 months. Invoices representing $4,200 of services performed by Anthony during the month have not been recorded as of June 30. 6. 7. Your answer is correct. Prepare the adjusting entries for the month of June. (If no entry is required, select "No Entry for the account titles and enter for the Question 10 of 13 0.88/1 II! ANTHONY CONSULTING Adjusted Trial Balance June 30, 2022 Debit V Credit Cash 6850 $ Accounts Receivable 4200 Prepaid Insurance 335 Supplies 720 Equipment 15000 Accumulated Depreciation Equipment 250 Salaries and Wages Payable 1500 Accounts Payable 4140 Unearned Service Revenue 5200 Common Stock 22007 Service Revenue 8300 Salaries and Wages Expense 4000 Rent Expense 875 Question 10 of 13 0.88 / 1 > ili Unearned Service Revenue 5200 Common Stock 22007 Service Revenue 8300 Salaries and Wages Expense 4000 Rent Expense 875 Supplies Expense 1287 Utilities Expense 280 Insurance Expense 335 Depreciation Expense 250 40312 45262 e Textbook and Media List of Accounts Save for Later Itamnto
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