REQUIRED: Prepare the adjusting entries for items 1 to 3 at 30 June, the end of the accounting period. 4. Calvin's Cleaning has employed you to investigate whether any accrual entries are needed in the business. On completion of your investigation on 30 June, you have discovered that the following items need attention. Employee salaries owed but not recorded, $6400 Interest revenue accrued but not recorded, $1600 Services provided but unrecorded totalled $2,600 REQUIRED: Prepare the adjusting entries for items 1 to 3 at 30 June, the end of the accounting period. 5. Hui Yu, lawyer, had the following transactions related to the business during June. June 1 Purchased office furniture for $36 000. The furniture will be depreciated over a useful life of 10 years at which time it is expected to have a residual value of $4800. Purchased a 12-month fire insurance policy for $3000. Borrowed $42 000 from the Eastern Bank on a short-term loan. The principal, plus 8% annual interest, will be repaid in 3 months. 11 Purchased supplies for $450. On 30 June, supplies worth $230 remained on hand. 15 Paid $1200 for 1 month's rent for the period 15 June to 15 July. 18 Received an electronic bank transfer from a client for $840 as an advance payment for services to be performed. Only 20% of the work was completed by 30 June. 28 Received an invoice for $410 for telephone and internet charges for the month. REQUIRED: (a) Prepare the journal entries to record each transaction. (b) Prepare any adjusting entries as at 30 June