*For a) please use FSET template below:

Part B: Complete Problem 3-42 parts a and d (do not complete parts b, c and e) on page 137-138. P3-42. Preparing Adjusting Entries, Financial Statements, and Closing Entries Murdock Carpet Cleaners ended its first month of operations on June 30, 2015. Monthly financial statements will be prepared. The unadjusted account balances are as follows. MURDOCK CARPET CLEANERS Unadjusted Trial Balance June 30, 2015 Debit Credit Cash.. S1,180 Accounts receivable 450 Prepaid rent Supplies Equipment Accounts payable. Common stock. Retained earnings Service fees eamed Wages expense 3,100 2,520 4,440 S 760 2,000 5,300 4,650 1,020 $12,710 $12,710 The following information is available 1 The balance in Prepaid Rent was the amount paid on June 1 for the first four months' rent. Supplies available at June 30 were $820 2. Equipment, purchased June 1, has an estimated life of five years Unpaid and unrecorded employce wages at June 30 were $210. Uulity services used during June were estimated at $300. A bill is expected carly in July. Fees carned for scrvices performed but not yet billed on June 30 were $380. The company uses the account Accounts Receivable to rellect amounts due but not yet billed. 3. 4 5 6, aPrepare its adjusting enries at June 30, 2015 using the financial statement elfects template. Prepare its income statement for June and its balance sheet at June 30, 2015 d. C G P A F J K M Cash Non Cash Assets Liabilities Contributed Capital =Net Income Earned Capital Revenue -Expenses Account Name $ Amount S Amount S Amount Account Name SAmount SAmqunt Account Name S Amount $ Amount S Amount Account Name Account Name Account Name Account Name