Service Revenue The following account balances were taken from the financial statements of Indire Question 4: Identify the normal balance for each of the following accounts: Unearned Revenue Cash Building Salaries Expense Supplies Accounts Payable Rent Revenue Common Stock Question 5: Cable Inc. as of December 31, 2020. Accounts Receivable Accounts Payable Accounts Receivable Accumulated Depreciation - Equipment Advertising Expense Cash Common Stock Dividends Equipment Land $ 25,000 42,000 6,000 3,400 15,500 44,000 2,300 15,500 52,000 Notes Payable due in 2025 $ 12,800 Prepaid Insurance 3,900 Rent Revenue 5,700 Retained Earnings, 1/1/20 40,600 Salaries & Wages Expense 34,900 Service Revenue 49,100 Supplies 12,000 Unearned Revenue 5,500 Utilities Expense 7,200 Calculate the below totals/amounts based on the above account balances. Revenues Current Assets Expenses Property, Plant & Equipment Net Income Current Liabilities Retained Earnings 12/31/2020 Long Term Liabilities Please show your work/calculations in the space below: clothing for infants and children in the Acadiana area. Lexi Little and Annie Kone are the major Question 6. In June, 2020, Fashion, Inc. was established in Lafayette, Louisiana, to provide designer stockholders in this corporation. Use the following data to prepare the journal entries for the following transactions that occurred during the month of June. June 1 3 6 13 17 Stockholders (Little & Kane) invested $120,000 cash in the business. Purchased shelves and cash register for $18,000; paid $6,000 down and signed a 1 year 6% note for the balance. Hired Trixie Keyes as a salesperson Purchased supplies for $1,500 on account. Completed and delivered a special order of customized clothing for a 3 year-old for $1,000 on account. Received $200 when a customer purchased a gift card to be used in the future. Collected $100 from the transaction on June 17. Paid $6,000 for a one-year insurance policy effective July 1, 2020. Paid $1,000 rent and $500 for utilities used during the month. Paid receptionist $1,500 for June. 20 26 27 28 29 Date Account Titles Ref Debit Credit