format: Cash, 101: Accounts Receivable. 106, Equipment, 150: Accounts Payable, 201: Manny Gil those that why theher transactions d. Paid williy bill with 500 cash. a $14,100 pcs Paid the $1,129 salary of the most 6. Paid S45.000 cash fotogen. Withdrew from the business para Exercise 2-9 Journalining, posting preparing a balance, and financial statements LO3, 5,6 CHECK FIGURES 4 To $250 $12539 Manny Guis an entrepreneur who started Wit Secure, a business that provides a number of and services. West Secure incurred the following transactions during July 2020, its first month 1 The owner Manny G 5.200 ch 102 700 worth of your credit Peder for and $12000 com the cont Comedy Services for a grand the client for $1.600 1. Set up the following general ledger accounts using either the account format or the balance colum operations 12 Popesex $3700 15 31 Required The cash for personal use Ar ed E Capital, 201; Manny Gill, Withdrawals 302: Revenue, 401; Expenses, 501. 2. Record the journal entries for the month of July, 2. Post the July journal entries into your general ledger accounts. Include the date next to each number posted. Determine the balances 4. Prepare a trial balance using the balances in your general ledger accounts. West Secure Trial Balance July 31, 2020 Acct. No. Account Tide Debit Credit S. Prepare an income statement, statement of changes in equity, and balance sheet based on your trial balance. Analysis Component: assets are financeol by debt and equity transeci a concept reinforced by the accounting quasion Aalte. Since acom receivable cure com asset are they finance by chebt land or equity? Please cyplain