Question

Problem 4-02A (Part Level Submission) Len Kevin started his own consulting firm, Kevin Consulting, on June 1, 2022. The trial
(b) Post the adjusting entries to the ledger accounts. Enter the totals from the trial balance as beginning account balances.
Salaries and Wages Expense Rent Expense Depreciation Expense Insurance Expense Utilities Expense
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Answer #1
Cash
BB               6,850.00
EB               6,850.00   
Accounts Receivable
BB               7,000.00
7.               4,180.00
            11,180.00   
Supplies
BB               1,987.00
1.               1,267.00
                 720.00
Supplies expense
              1,267.00
              1,267.00
Supplies Begin bal 1987
ending bal 720
expensed for June(1987-720) 1267
Prepaid Insurance
BB               4,080.00
3.                  340.00
              3,740.00
Insurance expense
3. 340.00
       340.00
  
Equipment
BB             15,000.00
            15,000.00   
Accounts Payable
BB               4,225.00
2.                  230.00
              4,455.00
Utilities expense
                 230.00
                 230.00
Unearned Service revenue
BB               5,200.00
4.               4,390.00
                 810.00
Service Revenue
BB               8,300.00
4.               4,390.00
7.               4,180.00
               16,870.00
Common Stock
BB             21,987.00
            21,987.00
Salaries expense
BB               4,000.00
5.               1,420.00
              5,420.00
Accrued Salaries
1,420.00
1,420.00
Rent expense
BB        795.00
       795.00   
Depreciation expense
       250.00
       250.00
Accumulated dep
     250.00
     250.00
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