The following information is available for Ludwig Inc. on June 30 for the year just ended.

Of the consulting fees Ludwig Inc. received in advance, $4,100 has been earned.
$1,500 of the advertising paid for in advance has been published by the newspaper.
Interest of $2,280 has accrued on a note payable but is unrecorded.
The estimated yearly depreciation on the equipment is $450.
Property taxes of $7,700 have accrued but are unrecorded.
Ludwig Inc. purchased furniture in a previous year for $24,250 and expects to sell this furniture for $500 after ten years.
A review of the $12,000 unadjusted balance in the prepaid insurance account shows a remaining balance of $8,100 at the end of the year.
A review of the $12,000 unadjusted balance in the prepaid rent account shows a remaining balance of $6,250 at the end of the year.
The estimated yearly depreciation on the building is $800.
Accrued salaries at year-end totalled $35,000.


Prepare the required adjusting entries at June 30, 2014.

Enter the transaction letter as the description when entering the transactions in the journal. Dates must be entered in the format dd/mmm (i.e., January 15 would be 15/Jan).