Your answer is partially correct.

Post the adjusting entries to the ledger accounts. Enter the totals from the trial balance as beginning account balances. $($Use T$-$Accounts.$)($Post entries in the order of journal entries presented in the previous question.$)$

Ch $4$ Required HW Assignment

lestion $11$ of $13$

$\backslash (1\mathrm{.}52/4\backslash )$ Len Kumar started his own consulting firm, Kumar Consulting, on June $1,2025.$ The trial balance at June $30$ is as follows.

In addition to those accounts listed on the trial balance, the chart of accounts for Kumar also contains the following accounts: Accumulated Depreciation$-$Equipment, Salaries and Wages Payable, Depreciation Expense, Insurance Expense, Utilities Expense, and Supplies Expense.

Other data:

$1.$ Supplies on hand at June $30$ total $\backslash (\backslash$$ $720\backslash ).$

$2.$ A utility bill for $\backslash (\backslash$$ $180\backslash )$ has not been recorded and will not be paid until next month.

$3.$ The insurance policy is for a year.

$4.$ Services were performed for $\backslash (\backslash$$ $4,100\backslash )$ of unearned service revenue by the end of the month.

$5.$ Salaries of $\backslash (\backslash$$ $1,250\backslash )$ are accrued at June $30.$

$6.$ The equipment has a $5-$year life with no salvage value and is being depreciated at $\backslash (\backslash$$ $250\backslash )$ per month for $60$

$6.$ months.

$7.$ Invoices representing $\backslash (\backslash$$ $3,900\backslash )$ of services performed by Kumar during the month have not been recorded as of June $30.$

$($a$)$

Your answer is correct.

Prepare the adjusting entries for the month of June. $($List all debit entries before credit entries. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.$)$

Ch $4$ Required HW Assignment