Date Account Titles and Explanation Debit Credit July 1 Cash 13400 Common Stock July 1 Equipment 8960 Cash Accounts Payable July 3 Supplies 1010 Accounts Payable July 5 Prepaid Insurance 2040 Cash July 12 Accounts Receivable 4140 Service Revenue July 18 Accounts Payable 1680 Cash July 20 Salaries and Wages Expense 2240 Cash July 21 Cash 1790 Accounts Receivable July 25 Accounts Receivable 2800 Service Revenue July 31 Maintenance and Repairs Expense 320 Cash July 31 Dividends 670 Cash Post to the ledger accounts. (Post entries in the order of journal entries presented in the previous part.) Cash 7/1 13400 7/1 2240 7/21 1790 775 2040 7/18 1680 7/20 2240 7/31 320 7/31 670 7/31 Bal. 6000 Accounts Receivable 7/12 4140 7/21 1790 7/25 2800 7/31 Bal. 5150 Supplies IL 7/3 1010 7/31 Bal. 1010 Prepaid Insurance 7/5 2040 7/31 Bal. 2040 Equipment 7/1 8960 7/31 Bal. 8960 Accounts Payable 7/18 1680 7/1 6720 7/3 1010 7/31 Bal 6050 Common Stock 7/1 13400 7/31 Bal 13400 Dividends 7/31 670 7/31 Bal. 670 Service Revenue 7/12 4140 7/25 2800 7/31 Bal. 6940 Maintenance and Repairs Expense 7/31 320 7/31 Bal. 320 Prepare a trial balance at July 31 CULVER WINDOW WASHING INC. Trial Balance July 31, 2022 Debit Credit Cash 6000 Accounts Receivable 5150 Supplies 1010 Prepaid Insurance 2040 Equipment 8960 Accounts Payable 6050 Common Stock 13400 Dividends 670 Service Revenue 6940 Maintenance and Repairs Expense 320 Salaries and Wages Expense 2240 Totals $ 26390 26390 Credit Date Credit Date Credit Date Credit Debit Date Supplies 1,010 31-Jul Debit Date Accounts Receivable 4,140 21-Jul 2,800 1,900 Debit Date Prepaid Insurance 2,040 31-Jul 1,790 3-Jul 650 5-Jul Culver Window Washing Co. T Accounts Date Debit Date Cash 1-Jul 13,400 1-Jul 21-Jul 1,790 5-Jul 18-Jul 20-Jul 31-Jul 31-Jul 170 12-Jul 25-Jul 31-Jul 2,240 2,040 1,680 2,240 320 670 Bal. Bal. Bal. 6,000 Equipment 8,960 Bal. 7,050 Accumulated Depreciation Equipment 31-Jul 200 360 Accounts Payable 1,680 1-Jul 3-Jul 1,870 Salaries & Wages Payable 31-Jul 1-Jul 18-Jul 450 6,720 1,010 Bal. Bal. 200 6,050 450 8,960 Owner's Capital 1-Jul 670 31-Jul Bal. Owner's Drawings 670 31-Jul Bal. Income Summary 4,030 31-Jul 4,810 31-Jul 670 8,840 13,400 4,810 31-Jul 31-Jul 31-Jul 17,540 Bal. Bal. Service revenue 12-Jul 25-Jul 8,840 31-Jul Bal. Maintenance and repairs expense 31-Jul 320 Supplies expense 650 Bal. Depreciation expense 31-Jul 200 31-Jul 4,140 2,800 1,900 31-Jul 31-Jul 320 31-Jul 650 31-Jul 200 Bal. Bal. 31- Jul Bal. Insurance expense 170 31-Jul Bal. Salaries & Wages expense 20-Jul 2,240 31-Jul 450 31-Jul 31-Jul 170 2,690 Bal. Bal. CULVER WINDOW WASHING INC. Income Statement For the Month Ended July 31, 2022 Revenues Service Revenue $ Expenses Maintenance and Repairs Expense 89 Insurance Expense Salaries and Wages Expense DODO Supplies Expense Depreciation Expense Total Expenses Net Income/(Loss)
