Question $1[50$ points$]$ Question points$]$

a$.$ Income statement for the month ended June $30.$

b$.$ Statement of changes in equity for the month ended June $30.$

c$.$ Classified balance sheet at June $30.$ Question $6[30$ points$]$

a$.$ The yearly depreciation on the furniture is $$100.$

b$.$ A building Star Inc. owns is rented out for $$3,750$ each month. The current month's rent has not been received by year$-$end.

c$.$ A review of the unadjusted balance in the supplies account shows a balance on hand at the end of the year of $$4,100.$

d$.$ This year's advertising bill for $$8,500$ is unrecorded and unpaid.

e$.$ The Building was purchased in a previous year and will be sold for $$17,750$ after being used for ten years.

f$.$ Of the consulting fees Star Inc. received in advance, $$4,400$ has not yet been earned.

g$.$ The Equipment was purchased in a previous year and will be worthless after four years.

h$.$ $$400$ of interest has accrued on a note receivable and is unrecorded.

Use this information to prepare adjusting entries at November $30,2023,$ based on the above. Enter the adjustment letter as the description. The dates must be entered in the format dd$/$mmm $($ie$.15/$Jan$).$ Question points$]$

The following information is available for Zcom Inc. on May $31$ for the year just ended.

a$.$ Accrued salaries at year$-$end totalled $$48,000.$

b$.$ $$2,470$ of interest has accrued on a note payable and is unrecorded.

e$.$ $$3,900$ of the advertising paid for in advance has been published used

f$.$ Of the consulting fees Zcom Inc. received in advance, $$1,800$ has be been earned.

g$.$ Unpaid and unrecorded advertising bills at year$-$end totalled $58,000.$

h$.$ Zoom Inc. purchased buildings in a previous year for $$85,250$ and e$.$

i$.$ A review of the $$3,600$ unadjusted balance in the supplies account shows a bell these buidings for $$17,750$ atter ten years.

j$.$ The yearly depreciation on the furniture is $$400.$

Prepare the required adjusting entries at May $31,2023.$