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Sommer Graphics Compacy was ercanized on January 1, 2022. by Krystal Sommer. At the end of the fint 6 months of aperations, the unadfusted trial

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Sommer Graphics Compacy was ercanized on January 1, 2022. by Krystal Sommer. At the end of the fint 6 months of aperations, the unadfusted trial balance contained the accounts shown below Analysis reveals the following additional data. 1. The $3,700 balance in Supplies Expense rIpresents supplies purchased in January. At June 30,$1,500 of supplies are on hand. 2. The note payable was issued on February 1. It is a 9%,6-month note. Interest is paid when the note matures. 3. The balance in Insurance Expense is the premium on a 1-year policy, dated March 1, 2022. 4. Service Revenue is credited when cash is received from customers. At June 30 , services revenue of $1,300 remains unearned. 5. Revenue for services performed but unrecorded at June 30 totals $2,000. 6. Depreciation is $2,250 per year. Sommer Graphics Compacy was ercanized on January 1, 2022. by Krystal Sommer. At the end of the fint 6 months of aperations, the unadfusted trial balance contained the accounts shown below Analysis reveals the following additional data. 1. The $3,700 balance in Supplies Expense rIpresents supplies purchased in January. At June 30,$1,500 of supplies are on hand. 2. The note payable was issued on February 1. It is a 9%,6-month note. Interest is paid when the note matures. 3. The balance in Insurance Expense is the premium on a 1-year policy, dated March 1, 2022. 4. Service Revenue is credited when cash is received from customers. At June 30 , services revenue of $1,300 remains unearned. 5. Revenue for services performed but unrecorded at June 30 totals $2,000. 6. Depreciation is $2,250 per year

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