erekmiyorsa -July, 19.4 transactions of Air Services, Inc. are listed below. y 1-issued $8,000 par value stock for $5,000 cash and equipment valued at $3,000 2- Pald July rent. $180. 5 Purchased airplane spare parts on account from Curtis Company, S1,817 7--Purchased shop supplies for $410, cash. 9-Blied Charter Airline $288 for parts and 5470 for labor used in making a periodic check on one of its aircraft 11-Purchased additional airplane parts from Wright Corporation, paying $421 cash 12- Collected $45 for repair of landing gear on a private plane. No parts were used. 14--Paid the Curtis Company bill. 15-Billed World Air Flights $418 for parts and 56 14 for labor used in repairing a tail assembly 15-Pald salaries of 800 for first half of July 18Collected $100 tor periodic overhaul of a privale plane, this amount included $20 for parts 20--Received $758 from Charter Airline. 20Signed an agreement with XYZ Company to perform all required labor for maintenance on its company plane 23-Purchased a one-year fire insurance policy for cash. $30. 25--Received $1,032 from World Air Flights 26-Bited Charter Airline $310 for parts and $580 for labor used in making a periodic check of one of its aircraft 27--Purchased airplane parts on account from Curtis Company, 560hs 29.-Completed rebuilding tanding gear on plane belonging to A Y Junior. The total bill amounted to $890, of which $200 was for parts. Junior gave his check for the entire bill when he called today for his plane 30-Purchased shop supplies on account from Modern Supply Co. 584 31-Paid salaries for last half of July. $825. 31-Billed XYZ Company, Dursuant to agreement of July 20. for parts used in maintenance of company plane. $72and labor of $100. (a) Journalize the transactions for the month (b) Post the transactions to the ledger accounts (0) Prepare a July 31, 19,4 trial balance