Record adjustments for the month of June that reflect the following data. Provide explanations for specific revenue and expense accounts in the right-most column. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.)

1.		Supplies on hand at June 30 total $720.
2.		A utility bill for $250 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 $4,220 of unearned service revenue by the end of the month.
5.		Salaries of $1,380 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 $4,250 of services performed during the month have not been recorded as of June 30.

	Assets											=	Liabilities					+	Stockholders Equity
	Cash	+	Accts. Rec.	+	Supplies	+	Prepd. Insur.	+	Equip.	-	Acc. Depr.- Equip.		Accts. Pay.	+	Unearn. Serv. Rev.	+	Sal./Wages Pay.		Com. Stock	+	Retained Earnings
												=						+			Rev.	-	Exp.	-	Div
Bal.	6,850		7,000		1,977		2,640		15,000		0		4,235		5,200		0		21,977		8,300		6,245		0
1.
2.
3.
4.
5.
6.
7.
Totals

Find the adjusted balance for each column in the tabular summary. Prove that the expanded accounting equation balances.

Assets		=		Liabilities				Stockholders' Equity
$		=		$		-+		$