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Record Adjusting Entries as of 30/6/2022 entries for the following transactions. Use account names as...

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Accounting

image Record Adjusting Entries as of 30/6/2022 entries for the following transactions. Use account names as appropriate, and you must include appropriate narration for each journal. (Hint: Do not simply write the narration in just a few words "Balance Day adjustments" which is not enough. Appropriate narration must be meaningful and relevant to the journal entry recorded.) Transactions: 1. Wages to be accrued for 30 June $1,000 2. Interest earned but not yet received for June $550 3. Record Insurance paid as a prepayment on 1/6/2022. The amount of $2,400 (ignore GST) was paid for 12 months of coverage commencing 1/6/2022. 4. Fee income received of $5,000 in June was for services yet to be provided. 5. Depreciation on Motor Vehicles for the year was calculated to be $4,500. 6. Annual Leave provision balance is to be $11,000 on 30/6/2022. The opening balance was $5,000 at 1/7/2021 and the payments to employees during the financial year ended 30/6/2022 were $4,500

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