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Below is the post-closing trial balance of Sam Consultancy Services as at 30 June 2019: Debit $ Credit $ Cash at bank 38250 Accounts receivable

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Below is the post-closing trial balance of Sam Consultancy Services as at 30 June 2019: Debit $ Credit $ Cash at bank 38250 Accounts receivable 8250 Equipment 40500 Accumulated depreciation - Equipment 675 Accounts payable 14250 Wages payable 4500 Revenue received in advance 2625 Sam, Capital 64950 87000 87000 The following transactions occurred during the month July 2019. July 1Paid employee salaries, $4500 for June. Sam pays his employees' accrued salaries on the first day of each calendar month. 8Invoiced customers for consultancy services performed, $13100. 14Received $3370 cash from customers on account. 15Performed $1125 of services for customers who paid in advance in June for consultancy services to be performed in July. 25Sam redrew capital of $1800. 31Paid $2600 for a two-year insurance policy. Required a) Journalise the transactions, including narrations. (15 Marks) b) Prepare an unadjusted trial balance as at 31 July 2019. (5 Marks) (Total 20 Marks)

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