(b) Prepare a trial balance at July 31 on a worksheet. (c) Enter the following adjustments on the worksheet, and complete the worksheet. (1) Unbilled fees for services performed at July 31 were $1,300. (2) Depreciation on equipment for the month was $250. (3) One-twelfth of the insurance expired. (4) An inventory count shows $100 of cleaning supplies on hand at July 31. (5) Accrued but unpaid employee salaries were $600.

1 Comprehensive Problem 4 a-9 (Part Level Submission) Kristin Malone opened Kristin's Maids Cleaning Service on July 1, 2019. During July, the company completed the following transactions. July 1 Stockholders invested $18,000 cash in the business in exchange for common stock. Purchased a used truck for $10,000, paying $2,800 cash and the balance on account. 3 Purchased cleaning supplies for $800 on account. 5 Paid $2,400 on a 1-year insurance policy, effective July 1. 12 Billed customers $3,500 for cleaning services. 18 Paid $1,300 of amount owed on truck, and $290 of amount owed on cleaning supplies. 20 Paid $1,800 for employee salaries. 21 Collected $1,500 from customers billed on July 12. 25 Billed customers $1,800 for cleaning services. 31 Paid gasoline for the month on the truck, $400. Declared and paid a $500 cash dividend. 31 The chart of accounts for Kristin's Maids Cleaning Service contains the following accounts: No. 101 Cash, No. 112 Accounts Receivable, No. 126 Service Revenue, No. 631 Supplies Expense, No. 633 Gasoline Expense, No. 711 Depreciation Expense, No. 722 Insurance Expense, and No. 7 (b) and (c) Prepare a trial balance at July 31 on a worksheet. Enter the following adjustments on the worksheet, and complete the worksheet. (1) Unbilled fees for services performed at July 31 were $1,300. (2) Depreciation on equipment for the month was $250. (3) One-twelfth of the insurance expired. An inventory count shows $100 of cleaning supplies on hand at July 31. (5) Accrued but unpaid employee salaries were $600. KRISTIN'S MAIDS CLEANING SERVICE Prepare a worksheet. Account Titles Trial Balance Income Statement Balance Sheet Adjustments Dr. Cr. Adjusted Trial Balance Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. 18,000 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Common Stock Dividends Service Revenue Gasoline Expense Salaries and Wages Expense Totals Depreciation Expense Accum. Depr.-Equipment Insurance Expense Supplies Expense Salaries and Wages Payable Totals Net Income Totals Click if you would like to Show Work for this question: Open Show Work