$*$P$3\mathrm{.}6($LO $2,3,4,5),$ AP Rinanclat Statement Cabriel's Graphics Coempany was organimed on January $1,2022,$ by Gabriel Medini. At the end of the finst $6$ months of operations, the unadfusted trial balance coetsined the scesunts shown bolow.

$\backslash$table$[[\backslash$table$[[$Cash$],[$Cash$]],$Debit,,Credit$],[$$ $8,600,$$ $20\mathrm{.}000],[$Accounts Receivable,$14,000,$Accounta Payable,$9,000],[$Equipenent$,45,000,$Owner's Capital,$22,000],[$Insurance Pxpense,$2,700,$Sales Revenue,$52,100],[$Salaries and Wages Expense,$30,000,$Service Rewense,$6,000],[$Supplies Expense,$3,700,,],[$Advertising Expense,$1,500,,],[$Rent Itspense,$1,500,,],[$Utilities Pxpense,$1,700,,],[,$$$109,100,,$$$109,100]]$

Analysis reveals the following additional data.

The $$3,700$ balance in Supplies Expense represents supplies parchased in January. A$.$June $30,$$$1,300$ of supplies are on hand.

The note payalle was issued on February $1.$ It is a $64,6-$month note, Interest is paid when the note matures.

The balance in Insurance Ixpense is the premium on a $1-$year policy, dated April $1,2002$

Service revenue is credited when cash is received from customers. At Juse $30,$ service revenue of $$1,300$ remains unearned.

Revenue for services performed but unrecoeled at June $30$ totals $$2,000.$

Depreciation is $$2,250$ per year.

Instructions

a$.$ Journaline the adjusting entries at June $30.($Assume adjastments are reconded every $6$ months$)$

b$.$ Prepare an adjusted trial balance.

c$.$ Prepare an incoese statement and owner's equity statement for the $6$ months ended June $30$ and a balance sheet at Juse $30.$