In July, the following transactions occurred for Andy€™s Fitness Training Studio of Sydney:

Required
a. The ledger is already set up for you based on the Chart of Accounts.
b. Journalize (all page 1) and post the July transactions.
c. Prepare a trial balance as of July 31, 2014.
Chart of accounts includes: Cash, 111; Accounts Receivable, 112; Prepaid Rent, 114; Supplies, 121; Equipment, 131; Accounts Payable, 211; Andy James, Capital, 311; Andy James, Withdrawals, 321; Fees Earned, 411; Advertising Expense, 511; Electrical Expense, 515; Salaries Expense, 521; Telephone Expense, 531.

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2014 July Andy James invested $17,600 in the studio. 3 4 7 Paid three months' rent in advance, $1,650 Purchased supplies on account from Marlin Supplies, $640. Purchased equipment on account from Brinkley Company, $5,800. Received $2,100 cash for fitness training program provided to Anne Webber Dance Group. Billed Short Co. for lessons provided, $1,400. 8 11 14 Andy withdrew $759 from the studio to buy a new stereo for 15 28 29 31 his apartment Paid salaries expense, $1,500. Paid telephone bill for studio, $160. Electricity bill was received but not yet paid, $150. Advertising bill was received from City Newspaper but not yet paid, $325.