Questions: The adjusted trial balance of Estella Real Estate Appraisal at June 30, 2024, follows: Close expenses for the period. Date Accounts and Explanation Debit Credit Jun. 30 Income Summary Clos. (2) Insurance Expense 4,800 Salaries Expense 30,000 Supplies Expense 400 Interest Expense 8,000 Utilities Expense 2,900 Depreciation Expense-Building 7,900 To close expenses. Data table Account Title Debit Credit Cash 4,300 Accounts Receivable 4,500 Office Supplies 2,400 Prepaid Insurance 2,500 Land 13,500 Building 79,000 Accumulated Depreciation- Building 26,000 Accounts Payable 19,300 Interest Payable 8,000 Salaries Payable 1,900 Unearned Revenue 5,700 Notes Payable (long-term) 37,000 Common Stock 7,000 Retained Earnings 34,000 Dividends 27,100 Service Revenue 48,400 Insurance Expense 4,800 Salaries Expense 30,000 Supplies Expense 400 Interest Expense 8,000 Utilities Expense 2,900 Depreciation Expense-Building 7,900 Total 187,300 187,300

Transcript text: The adjusted trial balance of Estella Real Estate Appraisal at June 30, 2024, follows: Close expenses for the period. \begin{tabular}{|c|c|c|c|} \hline Date & Accounts and Explanation & Debit & Credit \\ \hline Jun. 30 & Income Summary & & \\ \hline \multirow[t]{7}{*}{Clos. (2)} & Insurance Expense & & 4,800 \\ \hline & Salaries Expense & & 30,000 \\ \hline & Supplies Expense & & 400 \\ \hline & Interest Expense & & 8,000 \\ \hline & Utilities Expense & & 2,900 \\ \hline & Depreciation Expense-Building & & 7,900 \\ \hline & To close expenses. & & \\ \hline \end{tabular} Data table \begin{tabular}{|c|c|c|c|c|} \hline Account Title & \multicolumn{2}{|r|}{Debit} & \multicolumn{2}{|r|}{Credit} \\ \hline Cash & \$ & 4,300 & & \\ \hline Accounts Receivable & & 4,500 & & \\ \hline Office Supplies & & 2,400 & & \\ \hline Prepaid Insurance & & 2,500 & & \\ \hline Land & & 13,500 & & \\ \hline Building & & 79,000 & & \\ \hline \begin{tabular}{l} Accumulated Depreciation- \\ Building \end{tabular} & & & \$ & 26,000 \\ \hline Accounts Payable & & & & 19,300 \\ \hline Interest Payable & & & & 8,000 \\ \hline Salaries Payable & & & & 1,900 \\ \hline Unearned Revenue & & & & 5,700 \\ \hline Notes Payable (long-term) & & & & 37,000 \\ \hline Common Stock & & & & 7,000 \\ \hline Retained Earnings & & & & 34,000 \\ \hline Dividends & & 27,100 & & \\ \hline Service Revenue & & & & 48,400 \\ \hline Insurance Expense & & 4,800 & & \\ \hline Salaries Expense & & 30,000 & & \\ \hline Supplies Expense & & 400 & & \\ \hline Interest Expense & & 8,000 & & \\ \hline Utilities Expense & & 2,900 & & \\ \hline Depreciation Expense-Bullding & & 7,900 & & \\ \hline Total & \$ & 187,300 & \$ & 187,300 \\ \hline \end{tabular}