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Assignment P4-5 (LO 1.2. 4) Anya Clark opened Anya's Cleaning Service on July 2.2020. During July, the following transactions were completed Complete all steps in

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Assignment P4-5 (LO 1.2. 4) Anya Clark opened Anya's Cleaning Service on July 2.2020. During July, the following transactions were completed Complete all steps in accounting eyele. Juh 1 Shareholders invested 20.000 cash in the business in mange for atrdinary shares 1 Purchased used track for 12,000, persing C4,000 cash and the balance on account 3 Purchased cleaning supplies for C100 on account 5 Paid C1.800 cash on a 1 year insurance policy testine Juh. 12 Billed customers C4.500 for cleaning service 18 Paid C1.500 canh on amount owed on track and C1.400 anamontowed on cleaning supplies. 20 Paid 2,800 cash for employee salaries 21 Collected 3.400 cash from customers billed on July 12. 25 Billed customers 6,000 for cleaning i 31 Paid 350 for the monthly asoline bill for the track 31 Declared and paid a 65,600 cash dividend The chart of accounts for Anya's Cleaning Service contains the following accounts: No. 10 Cash, No. 112 Accounts Receivable, No. 113 Allowance for Impairment Loss, No. 126 Supplies, No. 130 Prepaid Insurance, No. 157 Equipment, No. 158 Accumulated Depreciation-Equipment, No. 201 Accounts Payable, No. 212 Salaries and Wages Payable, No. 311, Share Capital - Ordinary, No. 320 Retained Earnings, No 332 Dividends, No. 350 Income Summary, No. 400 Service Revenue, No 631 Supplies Expense, No. 633 Gasoline Expense, No. 711 Depreciation Expense, No. 722 Insurance Expense, No. 726 Salaries and Wages Expense, and No. 812 Impairment Loss in Accounts Receivable. Instructions 2. Journalise and post the July transactiotes. Use the T-account form of account for the lenger. b. Prepare a trial balance on July 31, 2000, c. Journalire and post adjusting entries with the following additional information (continue using T- account ledgers from requirementa): 1. Unbrilled and uncollected revente for services performed on July 31 were 2.700. 2. Depreciation on equipment for the month was 500. 3. One-twelfth of the insurance expired 4. An inventory count shows 600 of cleaning supplies on hand at July 31. 5. Accrued but unpaid employee salaries were C,000. 6. It is expected that 1% of accounts receivable at the end of July will be uncollectible. d. Prepare an adjusted trial balance on July 31, 2020 e. Prepare the income statement and a retained earning statement for the period ended July 31, 2020, and a classified statement of financial position on July 31, 2020 Journaliste and post-closing entries and complete the desing process continte tasing T-account ledgers from requiremente) Prepare a post-closing trial balance on July 31, 2020

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