Question

+ Chapter 4 Homework o Question 6 of 6 - 75 DAVID CONSULTING Trial Balance June 30, 2022 Credit Debit $6.850 7.000 1.992 3,120 15,000 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue Common Stock Service Revenue Salaries and Wages Expense Rent Expense $4.270 5.200 21.992 4.000 1.800 $39,762 $39,762 In addition to those accounts listed on the trial balance, the chart of accounts for David also contains the following accounts: Accumulated Depreciation-Equipment, Salaries and Wages Payable. Depreciation Expense, Insurance Expense Utilities Expense. and Supplies Expense

Answer 1

No	Date	Account Titles and Explanation	Debit	Credit
1	June 30	Supplies expense [$1,992 - $720]	1,272
		Supplies		1,272
		(To record supplies expense)
2	June 30	Utilities expense	200
		Accounts payable		200
		(To record utilities expense)
3	June 30	Insurance expense [$3,120/12]	260
		Prepaid insurance		260
		(To record insurance expense)
4	June 30	Unearned service revenue	4,400
		Service revenue		4,400
		(To record service revenue)
5	June 30	Salaries and wages expense	1,250
		Salaries and wages payable		1,250
		(To record accrued salaries and wages expense)
6	June 30	Depreciation expense	250
		Accumulated depreciation-equipment		250
		(To record depreciation expense expense)
7	June 30	Accounts receivable	4,390
		Service revenue		4,390
		(To record service revenue)