Tim Sasse started Sasse Roof Repairs on April 2, 2021, by investing $4,000 cash in the business. During April, the following transactions occurred:

Apr. 6 Purchased supplies for $1,500 cash.

15 Repaired a roof for a customer and collected $600 cash.

25 Received $2,200 cash in advance from a customer for roof repairs to his house and garage.

On April 30, 2021, the following information was available:

1. At April 30, services of $600 were provided but were neither billed nor recorded.

2. There is $800 of supplies on hand.

3. Of the $2,200 received on April 25, the company has provided services of $800 by completing repairs to the garage roof.

Instructions

a. Journalize the transactions.

b. Post to the ledger accounts. (Use T accounts.)

c. Journalize and post any required adjusting entries.

d. Prepare an adjusted trial balance.

e. Assuming the company closes its books on a monthly basis, journalize and post closing entries.