From the following transactions for Lowe Company for the month of July, 

(a) Prepare journal entries (assume that it is page 1 of the journal), 

(b) Post to the ledger (use three-column account style), 

(c) Prepare a trial balance.
2020
July 4 Joan Lowe invested $7,000 in the business.
7 Bought equipment on account, $900 from Lax Co.
15 Billed Friend Co. for services rendered, $4,600.
18 Received $3,000 cash for services rendered.
25 Paid salaries expense, $1,600.
28 Joan withdrew $500 for personal use.
A partial chart of accounts includes Cash, 111; Accounts Receivable, 112;
Equipment, 121; Accounts Payable, 211; J. Lowe, Capital, 311; J. Lowe,
Withdrawals, 312; Fees Earned, 411; Salaries Expense, 511.