Question: please show a step by step and have some explanations P4.2A (LO 2, 3, 4), AP Len Kumar started his own consulting firm, Kumar Consulting,

please show a step by step and have some explanations

30 is as follows. Prepare adjusting entries, post to ledger accounts, and

P4.2A (LO 2, 3, 4), AP Len Kumar started his own consulting firm, Kumar Consulting, on June 1, 2022. The trial balance at June 30 is as follows. Prepare adjusting entries, post to ledger accounts, and prepare adjusted trial balance. GLS SEP 28 Kumar Consulting Trial Balance June 30, 2022 Debit Credit Cash $6,850 Accounts Receivable 7,000 Supplies 2,000 Prepaid Insurance 2,880 Equipment 15,000 Accounts Payable $4,230 Unearned Service Revenue 5,200 Common Stock 22,000 Service Revenue 8,300 Salaries and Wages Expense 4,000 Rent Expense 2,000 $39.730 $39,730 tv A ?

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StepbyStep Solution a Prepare Adjusting Entries for June Supplies Adjustment Given Supplies on hand at June 30 total 720 Used Supplies 2000 720 1280 E... View full answer

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