3. Using the following trial balance and the additional data, prepare the necessary adjusting journal entries for the month ended July 31, 2021. Ranger Repair Co Trial Balance July 31, 2021 $20.550 37.800 3,150 1.800 17,000 Cach Accounts Receivable Supplies Prepaid Insurance Equipment Notes Payable Accounts Payable Uneamed Revenue Davis Capital David Drawing Service Revenue Salaries Expense Utilities Expense $6,000 4,200 24.000 48,600 2,400 24.000 19.500 I $106.800 S106,800 Additional Data: a) The equipment was purchased on July 1. It has an estimated life of 10 years b) Supplies on hand at July 31 total $1,250. c) The insurance policy was purchased on July 1, covering a 12 month term. d) As of July 31. Ranger provided $1.500 of service to a client that has not been billeder recorded. c) July 31 is a Thursday, salaries of $10,000 are paid every other Friday for 10 days of service. The last payday was Friday, July 25. 1) The Notes Payable was signed on July 1. The note has a -4% annual interest rate and termita mahtafwnths f) The Notes Payable was signed on July 1. The note has a 4% annual interest rate and a term (to maturity) of 9 months. g) The uneamed revenue account balance of $24,000 represents fees collected in advance during July. As of July 31, one-half of the service has been provided