Sharon Walker started her own accounting firm, Walker Accounting, on June $1,2024.$ Sharon wants to prepare monthly financial

statements, so adjusting entries are required on June $30.$ Selected transactions for June follow:

$$940$ of supplies were used during the month.

Utilities expense incurred but not yet recorded or paid on June $30,2024,$ is $$263.$

Paid cash of $$3,768$ for a one$-$year insurance policy on June $1,2024.$ The policy came into effect on this date.

On June $1,$ purchased office equipment for $$13,560$ cash. It is being depreciated at $$226$ per month for $60$ months.

On June $1,$ Sharon signed a note payable for $$11,400,6\%$ interest.

Assume June $30$ is a Wednesday and employees are paid on Fridays. Walker Accounting has two employees, who are paid

$$940$ each for a five$-$day workweek that ends on Friday.

On June $15,$ received a $$860$ advance cash payment from a client for accounting services expected to be provided in the

future. As at June $30,$ one$-$half of these services had not been performed.

Invoices representing $$1,700$ of services performed during the month of June have not been recorded as at June $30.$

Prepare adjusting entries for the items above. $($Credit account titles are automatically indented when the amount is entered. Do not indent

manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. List all debit entries before credit entries.$)$