Question: This homework problem is an INDEPENDENT assignment. It is due by 6:00 p.m. on Wednesday, February 20, 2019. Please turn in the original handwritten copy

 This homework problem is an INDEPENDENT assignment. It is due by

This homework problem is an INDEPENDENT assignment. It is due by 6:00 p.m. on Wednesday, February 20, 2019. Please turn in the original handwritten copy to me and keep a copy for yourself to go over during class Pamela Quinn started her own consulting firm, Quinn Consulting, on May 1, 2014. The trial balance at June 30 is as shown below. QUINN CONSULTING Trial Balance June 30, 2014 Debit Credit $ 7,500 3,000 3,600 2,500 12,000 Cash Prepaid Insurance Supplies Equipment Accounts Payable Uneaned Service Revenue Common Stock Service Revenue Salaries and Wages Expense Rent Expense $ 3,500 4,000 19,100 7,500 4,000 $34.100$34.100 In addition to those accounts listed on the trial balance, the chart of accounts for Quinn Consulting also contains the following accounts: Accumulated Depreciation-Equipment, Salaries and Wages Payable, Depreciation Expense, Insurance Expense, Utilities Expense, and Supplies Expense. Other data: 1. $750 of supplies remain on hand on June 30 2. Utility costs incurred but not paid are $260. 3. The insurance policy is for 2 years. 4. $1,500 of the balance in the Unearned Service Revenue account remains uneamed at the end of the month. 5. The equipment has a 5-year life with no salvage value and is being depreciated at $200 per month for 60 months Instructions (a) Prepare the adjusting entries on June 30. Assume no other adjusting entries have been made

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