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The trial balance before adjustment of Heis Delivery Services at the end of its first month of operations follows: Heis Delivery Services Trial Balance June

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The trial balance before adjustment of Heis Delivery Services at the end of its first month of operations follows: Heis Delivery Services Trial Balance June 30, 2021 Debit Credit Cash $6,000 Prepaid Insurance 15,000 Supplies 2,000 Equipment 109.800 Notes Payable $57,000 Accounts Payable 2000 Unearned Revenue 16.000 A Heis, Capital 59.000 A Hels. Drawing 5.000 Service Reven 28.000 Sales Expense 19800 Advertising Expense 1.800 Repairs 900 Rent Activate Windo GO 28.000 Service Revenue Salaries Expense Advertising Expense Repairs Expense Rent Expense 19.800 1,600 900 1.900 $162,000 $162,000 Additional Information: 1 2 The insurance policy was purchased for $15.000 on June 1. It has a one year term. The equipment was purchased for $109.800 on June 1. A two year, 6% note payable of $57,000 was issued on June 1 to purchase the equipment the remainder was paid in cash. Interest is payable on the first of ach month. The equipment is expected to have a useful life of 10 years. $16.000 of deposits received in advance of delivery services being performed were collected from customers on June and recorded to Unearned Revenue. One hall (12) of the related services were provided by June 30, Supplies of $2,000 were purchased on account on June 1. A count of supplies atne 30 shows $210 of supplies on hand, 3 Prepare the original entry in June for each of the above four transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts Round answers to decimal places, eg. 125.) No. Date Account Titles and Explanation Debit Credit 1 2. Activate Window Prepare subsequent adjusting entry at June 30 for each of the above four transactions. (Credit account titles are automatically Indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Round answers to decimal places, c.8. 125.) No. Debit Credit Date Account Titles and Explanation June 30 1. 2 June 30 (To record depreciation) June 30 Activate Windo (To record interest)

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