Mark as Debit
Cash $7,150
accounts payable $6,000.00
supplies $2,000.00
Prepaid Insurance $3,000.00
Office Equipment $15,000.00

Mark as Credit

Accounts Payable $4,500.00
Unearned Service Revenue $4,000.00
Capital $21,750.00
Service Revenue $4,000.00

Mark as Debit

Salaries Expense $4,000.00
Rent Expense $1,000.00

1-The insurance policy is for a year.
2- $2,500.00of unearned service revenue has been earned at the end of the month.
3- Salaries of $2,000.00 are acrued at June 30.
4- Office equipment has a 5-year life with no salvage value, it is being depreciated at $250.00per month for 60 months.
5-Invoice representing $1,000.00 of service perfomed during the month have not been recorded as of June 30

1. You need to know when the insurance policy was purchased and for the time frame you used the insurance. For example if you puchased insurance on Jan 1 for 1year for a cost of $1,200 your initial journal entry is: Debit Prepaid Insurance for 1,200 and crdit cash for 1,200. On Mar 31 at the end of an accounting period you need to know how much insurance was used. In this case you used e months therefore your insurance cost is 1,200 * 3/12 or $360. The journal entry to record this is: Debit Insurance Expense for 360 and Credit Prepaid Insurance for 360.

2. Your entry will be debit Unearned Service Revenue for the amount and Credit Earned Service Revenue for the amount

3. Debit Salaries Expense for the amount and Credit Salaries Payable for the amount

4. You need to know how many months of depreciation to record. The entry is: Debit Depreciation Expnese for the amount and Credit Accumulated Depreciation - Office Equipment for the amount.

5. Debit Accounts Receivable for the amount and Credit Earned Service Revenue for the amount.