please answer the (a) instruction for P3-1A

(b) Comment on how Ana's suggestions for what should be reported to prospective inves- tors conforms to the qualitative characteristics of accounting information. Do you think that the things that Ana wants to include in the information for investors will conform to financial reporting guidelines? PROBLEMS: SET A P3-1A Joey Cuono started his own consulting firm, Cuono Company SpA on June 1, 2017. The trial balance at June 30 is shown below Prepare adjusting entries post to ledger accounts, prepare adjusted trial CUONO COMPANY SpA Trial Balance (LO 5, 6, 7) June 30, 2017 Account Number Debit Credit 6,200 101 Cash Accounts Receivable 112 6,000 Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue 126 1,600 3,000 14,400 130 157 4,700 201 209 4,000 20,000 7,900 Share Capital-Ordinary Service Revenue Salaries and Wages Expense Rent Expense 311 400 726 4,400 1,000 729 36,600 36,600 147 ing the Accounts In addition to those accounts listed on the trial balance, the chart of accounts for Cuono Com pany SpA also contains the following accounts and account numbers: No. 158 Accumulated Depreciation Equipment, No. 212 Salaries and Wages Payable, No. 631 Supplies Expense, No. 711 Depreciation Expense, No. 722 Insurance Expense, and No. 732 Utilities Expense. Other data: 1. Supplies on hand at June 30 are 340 2. A utility bill for 185 has not been recorded and will not be paid until next month 3. The insurance policy is for a year 4. 2,500 of unearned service revenue is recorded for services performed at the end of the month 5. Salaries of 1,600 are accrued at June 30. 6. The equipment has a 4-year life with no residual value. It is being depreciated at 300 per month for 48 months. 7. Invoices representing 2,400 of services performed during the month have not been recorded as of June 30 Instructions (a) Prepare the adjusting entries for the month of June. Use J3 as the page number for your journal (b) Fntau tho