1. Skolnick Co. was organized on April 1, 2020. The company prepares quarterly financial statements. The unadjusted trial balance at June 30 are shown below.

		Debit		Credit
Cash		$ 6,700
Accounts Receivable		600
Prepaid Rent		900
Supplies		1,000
Equipment		15,000
Owners Drawings		600
Salaries and Wages Expense		9,400
Rent Expense		1,500
Depreciation Expense		850
Supplies Expense		200
Utilities Expense		510
Interest Expense		50
Accumulated Depreciation			$ 850
Notes Payable			5,000
Accounts Payable			1,510
Salaries and Wages Payable			400
Interest Payable			50
Unearned Rent Revenue			500
Owners Capital			14,000
Service Revenue			14,200
Rent Revenue			800
Total	37,310		37,310
	$37,310

1. Prepare the adjusting entries related to;

- Accrued interest on the note payable at June 30 which amounts to $500.

- Depreciation of the Equipment knowing that it is based on an estimated life of 10 years.

- Salaries and wages related to the second quarter equal to $1200 to be paid in July.

- The average usage of the supplies is 200$ per month.

- The unearned Rent revenue is earned at the end of June.