At June 30, 2022, the end of its most recent fiscal year, Bramble Computer Consultants' post-closing trial balance was as follows: Debit Credit Cash $4,080 Accounts receivable 940 540 Supplies Accounts payable $310 Unearned service revenue 870 Owner's capital 4,380 $5.560 $5,560 The company underwent a major expansion in July. New staff was hired and more financing was obtained. Bramble conducted the following transactions during July 2022, and adjusts its accounts monthly. July 1 2 Purchased equipment, paying $3,600 cash and signing a 2-year note payable for $15,600. The equipment has a 4-year useful life. The note has a 6% interest rate which is payable on the first day of each following month. Owner invested $39,000 cash in the company. . Paid $3,000 cash for a 12-month insurance policy effective July 1. . Paid the first 2 July and August 2022) months' rent for an annual lease of office space for $3,100 per month 3 3 6 Paid $3,000 for supplies. 9 Visited client offices and agreed on the terms of a consulting project. Bramble will bill the client, Connor Productions, on the 20th of each month for services performed. 10 Collected $940 cash on account from Milani Brothers. This client was billed in June when Bramble performed the service. 13 Performed services for Fitzgerald Enterprises. This client paid $870 in advance last month. All services relating to this payment are now completed. . 14 Paid $310 cash for a utility bill. This related to June utilities that were accrued at the end of June. 16 18 Met with a new client, Thunder Bay Technologies. Received $9.400 cash in advance for future services to be performed. Paid semi-monthly salaries for $8,600. Performed services worth $21,800 on account and billed customers. Received a bill for $1,700 for advertising services received during July. The amount is not due until August 15. 20 20 23 Performed the first phase of the project for Thunder Bay Technologies. Recognized $7,800 of revenue from the cash advance received July 16. 27 Received $11,700 cash from customers billed on July 20. Adjustment data: 1. Adjustment of prepaid insurance. 2. Adjustment of prepaid rent. 3. Supplies used, $1,000 4. Equipment depreciation, $400 per month. 5. Accrual of interest on note payable. 6. Salaries for the second half of July, $8,600, to be paid on August 1. Estimated utilities expense for July $620 (invoice will be received in August). 7. Cash July 1 Bal. 4,080 July 1 3.600 July 2 39,000 July 3 V 3.000 July 10 940 July 3 6200 July 16 V 9,400 July 3 V 1000 July 27 July 6 July 14 V July 18 Accounts Receivable July 1 Bal. 940 Prepaid Insurance Supplies July 1 bal. 540 Prepaid Rent Equipment Accounts Payable July 1 Bal. 310 Unearned Service Revenue July 1 Bal . 870 Notes Payable Owner's Capital July 1 Bal. 4,380 Service Revenue Salaries and Wages Expense Advertising Expense Prepare a trial balance at July 31. BRAMBLE COMPUTER CONSULTANTS Trial Balance Debit Credit Credit nododol Dioddddddddddd