The trial balance of Sam Landscaping at 30 June 2019 is as follows:

 

Sam Landscaping

Trial Balance

As at 30 June 2019

Account Debit ($) Credit ($)
Cash 46,000
Accounts Receivable 48,000
Prepaid insurance 4,800
Landscaping Supplies 12,000
Equipment 25,000
Accumulated Depreciation – Equipment 4,800
Accounts Payable 35,000
Unearned Service Revenue 6,000
Sam L., Capital 50,500
Drawings 3,000
Service Revenue 58,000
Salaries Expense 13,000
Miscellaneous Expense 2,500
Total $ 154,300 $ 154,300

 

Additional information for the period:
a. The insurance was purchased on 1 May 2019, and it covers a period of 24 months.
b. A physical count reveals $4,000 of landscaping supplies are on hand at the end of 30 June
c. Equipment is depreciated at a rate of 20% each year
d. $1,600 unearned service revenue was earned
e. Accrued salaries are $3,600

Required:
Prepare relevant adjusting entries. Ignore narrations.

 

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