The unadjusted trial balance for Sandhill Video Arcade at its fiscal year end of May 31, 2021, is as follows: Credit SANDHILL VIDEO ARCADE Trial Balance May 31, 2021 Debit Cash $5,940 Supplies 2.910 Equipment 115,000 Accumulated depreciation equipment Notes payable Unearned revenue V. Gupta, capital V.Gupta, drawings 35.400 Service revenue Rent expense 12,600 Salaries expense 45,800 Interest expense 3,300 Totals $220,950 $46.000 60,000 1,500 32.200 81.250 $220,950 Additional information: 1. 2. 3. On May 31, 2021, Sandhill Video Arcade had provided services but not collected or recorded $950 of revenue. On June 19, it collected this amount plus an additional $1,300 for revenue to be recognized in June. There was $815 of supplies on hand on May 31, 2021. The equipment has an estimated useful life of 10 years. Accrued salaries to May 31 were 51,470. The next payday is June 2 and the employees will be paid a total of $1,980 that day The note payable has a 6% annual interest rate. Interest is paid monthly on the first day of the month As at May 31, 2021, there was 5725 of unearned revenue. 4 5. (b) ! Your answer is partially correct. Prepare journal entries to record the June 2021 cash transactions. (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 for the amounts. Record entries in order by date.)