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GEORGE CONSULTING Trial Balance June 30, 2022 Debit Credit Cash $6,850 Accounts Receivable 7,000 Supplies 1,997 Prepaid Insurance 3,720 Equipment 15,000 Accounts Payable Unearned Service Revenue $4,245 5,200 Common Stock 21,997 Service Revenue 8,300 Salaries and Wages Expense 4,000 Rent Expense 1,175 $39,742 $39,742 In addition to those accounts listed on the trial balance, the chart of accounts for George 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 $720. 2. A utility bill for $200 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 $4,240 of unearned service revenue by the end of the month. 5. Salaries of $1,290 are accrued at June 30. 6. 7. The equipment has a 5-year life with no salvage value and is being depreciated at $250 per month for 60 months. Invoices representing $4,330 of services performed by George during the month have not been recorded as of June 30. Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Accounts Payable Salaries and Wages Payable Unearned Service Revenue GEORGE CONSULTING Adjusted Trial Balance June 30, 2022 $ Debit Credit 6850 $ 7000 1997 3720 15000 250 4245 1290 5200 Common Stock Service Revenue 4000 Salaries and Wages Expense 1175 Rent Expense Utilities Expense Insurance Expense Depreciation Expense Supplies Expense 200 260 250 1320 41772 21997 8300

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