Enter the July 1 balances in the ledger accounts. (Post entries in the order displayed in the problem statement.) Common Stock Retained Earnings At June 30,2027 , the end of its most recent fiscal year, Bridgeport Computer Consultants' post-closing trial balance was as follows: The company underwent a major expansion in July. New staff was hired and more financing was obtained. Bridgeport conducted the following transactions during July 2027, and adjusts its accounts monthly. July Purchased equipment, paying $4,000 cash and signing a 2-year note payable for $20,000. The equipment has a 4 -year 1 useful life. The note has a 6% interest rate, which is payable on the first day of each following month. 2 Issued 20,000 shares of common stock for $50,000 cash. 3 Paid $3,600 cash for a 12 -month insurance policy effective July 1. 3 Paid the first 2 months' rent (July and August 2027) for an annual lease of office space for $4,000 per month. 6 Paid $4,100 for supplies. 9 Visited client offices and agreed on the terms of a consulting project. Bridgeport will bill the client, Connor Productions, on the 20 th of each month for services performed. 10 Collected $1,160 cash on account from Milani Brothers. This client was billed in June when Bridgeport performed the servia: 13 Performed services for Fitzgerald Enterprises. This client paid $1,190 in advance last month All services relating to this payment are now completed. 14 Paid $380 cash for a utility bill. This related to June utilities that were accrued at the end of June. 16 Met with a new client, Thunder Bay Technologies. Received $11,000 cash in advance for future services to be performed. 18 Pald semi-monthly salaries for $12,100. 20 Performed services worth $29,000 on account and billed customers. 20 Received a bill for \$2,300 for advertising services recelved during July. The amount is not due until August 15. 23 Performed the first phase of the project for Thunder Bay Technologies. Recognized $9,100 of revenue from the cash advance received July 16