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The June 30 Adjusted Trial balance for HHH Corporation is in the information is posted in the tab called HHH. During July the following
The June 30 Adjusted Trial balance for HHH Corporation is in the information is posted in the tab called "HHH". During July the following transactions occurred - July 1 7 11 17 21 25 28 30 Paid the July rent - $800 Purchased S 1 , 100 worth ofsupplies on account Paid employees wages due of $1,400. $1,000 is from June wages payable and $400 is from July wages. Performed services which were previous paid for in cash ofS1,700 Paid an invoice for supplies purchased on account last month, $3,790 Paid employees wages, $800 Received $8,600 on accounts receivable Received $700 for services to be provided in September Dividends of $2,000 were declared and paid Additional information: C E. F. H. I. Supplies on hand at July 31, are $2,800 The Note receivable was issued on June 30, 2020 (due in 6 months with interest of 12% per due at maturity) Wages of $1,200 were paid on August 3, which included $700 for July salaries and $500 for August salaries $300 ofunearned service revenue was earned during this month this was not recorded during the month Equipment was purchased 3 years ago and has a remaining useful life of 7 years Income ta.x expense for July is $950 The Note Payable was issued on April 30, 2020 (due April 30, 2021 with interest of 60 0 per due at maturity) The Hydro invoice has yet to be received for July it is estimated to be $100 HHH Corp adjusts its accounts monthl Required b. Post the information to the appropriate YELLOW COLOURED CELL in the Please do not add additional columns. Calculate Retained Earnings at July 31
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