C11 Cash pool service revenue for the first third of July, $2,650. Date July 1 July 1 July 1 July 6 Transaction Description Began business by making a deposit in a company bank account of $40,000, in exchange for 4,000 shares of $10 par value common stock. Paid the premium on a 1-year insurance policy, $4,800. Paid the current month's store rent expense. $3,600. Purchased repair equipment from Paul's Pool Equipment Company, $7.800. Paid $600 down and the balance was placed on account. Purchased repair supplies from Mary's Repair Company on credit. $450. Paid telephone bill, $300. Cash pool service revenue for the first third of July. $2.650. July 8 July 10 July 11 July 18 July 20 Made payment to Mary's Repair Company. $300. Cash pool service revenue for the second third of July. $4,000. Cash pool service revenue for the last third of July. $2.250. July 31 July 31 July 31 Paid the current month's electric bill. $500. Declared and paid cash dividend of $1.100. July Transactions Chart of Accounts 1 Journal Entries Geriernede Type here to search O E11 X for 200 B D Account Number from Chart of Accounts Date tab Account Title from Chart of Accounts tab 31-Jul 411|Pool Service Revenue 312 Retained Earnings 4 Debit 8.900 Credit 8.900 4,955 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 312 Retained Earnings 511 Store Rent Expense 512 Telephone Expense 513 Insurance Expense 514 Repair Supplies Expense 515 Dep Expense - Repair Equipment 516 Income Tax Expense 517 Electric Expense 3,600 300 200 200 160 95 500 312 Retained Earnings 313 Dividens 1.100 1,100 1 - Journal Entries 2- General Ledger 3- Trial Balance 4825 Adjustific Entries Adustede Read Type here to search o