(b) prepare a trial balancr at July 31 on a worksheet

(c) enter the following adjustments on the worksheet, and complete the worksheet

1 Kristin Malone opened Kristin's Maids Cleaning Service on July 1, 2019. During July, the company completed the following transactions. July 1 Stockholders invested $17,000 cash in the business in exchange for common stock. Purchased a used truck for $11,000, paying $3,200 cash and the balance on account. 3 Purchased cleaning supplies for $800 on account. 5 Paid $1,692 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 $270 of amount owed on cleaning supplies. 20 Pald $1,600 for employee salaries. 21 Collected $1,800 from customers billed on July 12. 25 Billed customers $1,500 for cleaning services. 31 Paid gasoline for the month on the truck, $300. 31 Declared and paid a $500 cash dividend, The chart of accounts for Kristin's Maids Cleaning Service contains the following accounts: No. 101 Cash, No. 112 Accounts Receivable, 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 Common Stock, 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, and No. 726 Salaries and Wages Expense 3200 01 300 No. 112 Post the July transactions. (Post entries in the order of jou Cash No. 101 Date Explanation Ref Debit Credit Balance Puly 1 11 977000 T17000 Puly 1 13800 Puly 5 11692 12108 Puly 18 J1 137570 710538 Puly 20 1600 18938 Puly 21 J11800 10738 Duly 31 110438 Puly 31 500 19938 Accounts Receivable Date Explanation Ref Debit Credit Balance Duly 12 11 3500 5 13500 Duly 21 1800 1700 July 25 11 71500 13200 Supplies No. 126 Date Explanation Ref Debit Credit Balance Puly 3 31 800 5 Prepaid Insurance No. 130 Date Explanation Ref Debit Credit Balance Puly 5 31 16925 11692 Equipment No. 157 Date Explanation Ref Debit Credit Balance Puly 1 11 110005 111000 Accounts Payable No. 201 Explanation Ref Debit Credit Balance July 1 13 7800 17800 Puly 3 18600 July 18 11 15703 17030 1800 Date 800 Common Stock No. 311 Date Explanation Ref Debit Credit Balance Puly 1 J1 115 [17000 17000) Dividends No. 332 Date Explanation Ref Debit Credit Balance Puly 31 J1 7500 1500 Service Revenue No. 400 Date Explanation Ref Debit Credit Balance Puly 12) J1 3500 13500 J1 3 [1500 15000 Puly 25 Gasoline Expense Date Explanation No. 633 Ref Debit Credit Balance J1 7300) 5 Duly 31) 1300 Salaries and Wages Expense No. 726 Date Explanation Ref Debit Credit Balance Duly 20 J1 71600 1600 5 11600 (0) (b) (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 $1,400. (2) Depreciation on equipment for the month was $240. (3) One-twelfth of the insurance expired. (4) An inventory count shows $300 of cleaning supplies on hand at July 31. (5) Accrued but unpaid employee salaries were $500. KRISTIN'S MAIDS CLEANING SERVICE Prepare a worksheet. Account Titles Income Statement Balance Sheet Trial Balance Dr. Cr. Adjustments Dr. Cr. Adjusted Trial Balance Dr. Dr. Cr. Dr. Cr. 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