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ASSUMING THE COMPANY CLOSES ITS JOURNALS ON A MONTHLY BASIS, JOURNALIZE AND POST CLOSING ENTRIES: Tim Sheridan started Sheridan Roof Repairs on April 2 ,

ASSUMING THE COMPANY CLOSES ITS JOURNALS ON A MONTHLY BASIS, JOURNALIZE AND POST CLOSING ENTRIES:
Tim Sheridan started Sheridan Roof Repairs on April 2,2024,by investing $4,070cash in the business. During April, the following
transactions occurred:
Apr. 6Purchased supplies for $1,640cash.
April 15Repaired a roof for a customer and collected $670cash.
April 25Received $2,340cash in advance from a customer for roof repairs to his house and garage.
On April 30,2024,the following information was available:
At April 30,services of $670were provided but were neither billed nor recorded.
There is $870of supplies on hand.
Of the $2,340received on April 25,the company has provided services of $870by completing repairs to the garage roof.
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