files, Save /5. me t et/s... time t net/s t time t e.net/5.... ast time t M ve.net/s... last time t 6 AM Forms Lenn... ed from the L 51 PM Forms Lenn ted last time t 1:39 AM docs.live.net/s... eated last time L 1:26 PM docs.live.net/5 created last time 22 1:58 PM want to save NO . Lenny's Lawn Service, Inc. Transactions Additional Information . July 2021 Transactions Date Description of the Transaction July 1 Borrow $35,000.00 from 1st Bank by signing a 24 month note. (As an example of how to journalize and post a transaction-this transaction has already been entered into the General Journal and posted to the General Ledger.) July 1 Receive $76,100.00 cash from new investors, and issue $76, 100.00 of Common Stock to them. July 1 Purchase $59,400.00 of new mowing equipment, paying cash to the mower dealer. July 1 Pay $500.00 cash for the July truck rental. July 3 Invoice a new customer $6,830.00 for a completed mowing job-customer will pay in 10 days July 5 The Board of Directors declares a cash dividend. The total amount of the dividend is $30,000.00 The Date of Record is set as July 15. The Date of Payment is set as July 31, July 7 Pay the employees $5,900.00 for work performed during the 1st week of July July 10 Complete a mowing job for a new customer-customer pays $4,250.00 cash for the job. July 12 Collect $3,500.00 cash from the golf course for special rush mowing job completed on May 31. July 14 Pay the employees $7,100.00 for work performed during the 2nd week of July July 15 Purchase $1,825.00 of supplies from the mower dealer. The supplies are consumed immediately Lenny's will pay the mower dealer for the supplies in about 2 weeks Close Tran July 15 Collect $6,830.00 on account. The cash that is received is from the new customer for the job that was completed on July 3. July 17 One of the original mowers purchased in January of 2020 broke down and is repaired by the mower dealer. The cost of the Mower Repair job is $930.00. Lenny's will pay the mower dealer in 30 days. July 19 Purchase for cash $26,950.00 of supplies. These supplies will be consumed over the next 12 months Trial Bal IS & SEquity GL Rev-Exp Journal GL Assets GL Liab-Equity Chart Accts sibility investigate ype here to search 0 0 BalSht Post 84F Mostly clou