Assuming that you have already completed initial journal entries, adjusting journal entries, closing journal entries, t-accounts and financial statements. You are required to do these part as stated below into the trial balance:-

- unadjusted balances into the unadjusted columns

- adjustment balances into the adjustment columns

and prepare an..

- adjusted trial balances as at 31 July 2021 using the adjusted columns

- post-closing trial balances using the post-closing trial balance

Chart of Accounts for Ultimate Consulting Capital Drawing Cash Accounts Receivable Supplies Prepaid Rent Prepaid Insurance Office Equipment Accounts Payable Salaries Payable Unearned Fees GAN Fees Earned Salary Expense Supplies Expense Rent Expense Accumulated Depreciation - Office Equipment Depreciation Expense Insurance Expense Miscellaneous Expense Income Summary PART I: RECORDING BUSINESS TRANSACTIONS For the past several years, Miss Diane has operated a part-time consulting business from her home. As of 1 July 2021, Miss Diane decided to move to rented quarters and to operate the business, which was to be known as Ultimate Consulting, on a full-time basis. Ultimate Consulting entered into the following transactions during July: July 1. The following assets were received from Miss Diane: cash, RM13,500; accounts receivable, RM20,800; supplies, RM3,200; and office equipment, RM7,500. There were no liabilities received. Paid two months' rent on a lease rental contract, RM4,800. Paid the premiums on property and casualty insurance policies, RM4,500. Received cash from clients as an advance payment for services to be provided and recorded it as unearned fees, RM5,500. 5. Purchased additional office equipment on account from Office Supply Co., RM6,500. Received cash from clients on account, RM15,300. 6. 10. Paid cash for a social media advertisement, RM400. 12. Paid Office Supply Co. for part of the debt incurred on July 5, RM5,200. 12. Provided services on account for the period July 1-12, RM13,300. 14. Paid receptionist for two weeks' salary, RM1,750. 17. Received cash from cash clients for fees earned during the period July 1-17, RM9,450. 1. 2. 4. 18. Paid cash for supplies, RM600. 20. Provided services on account for the period July 13-20, RM6,650. 24. Received cash from cash clients for fees earned for the period July 17-24, RM4,000. Received cash from clients on account, RM12,000. 26. 27. Paid receptionist for two weeks' salary, RM1,750. 29. Paid telephone bill for July, RM325. 31. Paid electricity bill for July, RM675. 31. Received cash from cash clients for fees earned for the period July 25-31, RM5,200. 31. Provided services on account for the remainder of July, RM3,000. 31. Diane withdrew RM12,500 for personal use. Account Name Cash Accounts Receivable Supplies Prepaid Rent Prepaid Insurance Office Equipment Accumulated Depreciation - OE Accounts Payable Salaries Payable Unearned Fees Capital Drawing Fees Earned Salary Expense Supplies Expense Rent Expense Depreciation Expense Insurance Expense Miscellaneous Expense Unadjusted Debit (RM) Credit (RM) Ultimate Consulting Trial Balance as at 31 July 2021 Adjustment Debit (RM) Credit (RM) Adjusted Debit (RM) Credit (RM) Post-Closing Debit (RM) Credit (RM)