1 3 5 Mike Greenberg opened Pina Window Washing Inc on July 1, 2022. During July, the following transactions were completed. July 1 Issued 11.500 shares of common stock for $11,500 cash. Purchased used truck for $7,680, paying $1.920 cash and the balance on account Purchased cleaning supplies for $860 on account Paid $1.680 cash on a 1-year insurance policy effective July 1. 12 Billed customers $3,550 for cleaning services performed 18 Pald $960 cash on amount owed on truck and $480 on amount owed on cleaning supplies. 20 Pald $1.920 cash for employee salaries. 21 Collected $1,540 cash from customers billed on July 12. 25 Billed customers $2,400 for cleaning services performed 31 Paid $280 for maintenance of the truck during month. 31 Declared and paid $580 cash dividend. The chart of accounts for Pina Window Washing contains the following accounts: Cash, Accounts Receivable Supplies. Prepaid Insurance, Equipment, Accumulated Depreciation-Equipment, Accounts Payable, Salaries and Wages Payable, Common Stock. Retained Earnings. Dividends, Income Summary, Service Revenue, Maintenance and Repairs Expense, Supplies Expense, Depreciation Expense, Insurance Expense, and Salaries and Wages Expense. Post to the ledger accounts. (Post entries in the order of journal entries presented in the previous part) Cash 7/1 > > Accounts Receivable Supplies Prepaid Insurance Equipment in Maintenance and Repairs Expense Salaries and Wages Expense (1) (2) (3) (4) (5) Services performed but unbilled and uncollected at July 31 were $1.630 Depreciation on equipment for the month was $170. One-twelfth of the insurance expired. A count shows $310 of cleaning supplies on hand at July 31. Accrued but unpaid employee salaries were $380, Date Account Titles and Explanation Debit Credit Sr. (1) (2) (3) (2) (3) (4) - (5) Post adjusting entries to the T-accounts. Cash 7/1 7/21 11.500 7/1 1,540 775 7/18 7/20 7/31 7/31 5,220 1.920 1.680 1.440 1.920 280 580 7/31 Bal Accounts Receivable 7/12 3,550 7/21 1,540 7/25 2.400 Question 1 of 1 Supplies 7/3 860 Prepaid Insurance 7/5 1,680 Equipment 7/1 7/31 Bal. 7,680 7.680 Accumulated Depreciation-Equipment Question 1 of 1 -75 Accounts Payable 7/18 1.4407/1 7/3 7/31 Bal 5.760 860 5.180 Salaries and Wages Payable > Common Stock 7/1 11,500 11,500 7/31 Bal Dividends 7/31 580 Question 1 of 1 -15 Service Revenue 7/12 3.550 7/25 2.400 Maintenance and Repairs Expense 7/31 280 Supplies Expense Depreciation Expense > Question 1 of 1 Question 1 of 1 -/S III Income Summary Service Revenue 7/12 3.550 7/25 2.400 7/31 1,630 Maintenance and Repairs Expense 7/31 280 Question 1 of 1 - 15 E Supplies Expense 7/31 550 Depreciation Expense 7/31 170 Insurance Expense 7/31 140 Salaries and Wages Expense 7/20 1,920 7/31 380 ./5 PINA WINDOW WASHING INC. Post-Closing Trial Balance Debit Credit $