From the ledger that I had made of the accounts, I do not understand why cash is not on Jul 1. Can someone please help me out? Thank you.

At June 30, 2017, the end of its most recent fiscal year, Ayayai Computer Consultants' post-closing trial balance was as follows: Debit Credit $3,870 890 510 Cash Accounts receivable Supplies Accounts payable Unearned service Common stock Retained earnings $300 830 2,700 1,440 $5,270 revenue $5,270 The company underwent a major expansion in July. New staff was hired and more financing was obtained. Ayayai conducted the following transactions during July 2017,and adjusts its accounts monthly 1 Purchased equipment, paying $ 3,200 cash and signing a 2-year note payable for $ 14,800. The equipment has a 4-year useful life. The note has a 6% interest rate which is payable on the first day of each following month. Issued 14,800 shares of common stock for $ 37,000 cash. Paid $ 2,400 cash for a 12-month insurance policy effective July 1. Paid the first 2 (July and August 2017) months' rent for an annual lease of office space for $ 3,000 per month. Paid $2,800 for supplies. Visited client offices and agreed on the terms of a consulting project.Ayayai will bill the client, Connor Productions, on the 20th of each month for services performed Collected $ 890 cash on account from Milani Brothers. This client was billed in June when Ayayai performed the service. Performed services for Fitzgerald Enterprises. This client paid $ 830 in advance last month. All services relating to this payment are now comp Paid $ 300 cash for a utility bill. This related to June utilities that were accrued at the end of June. Met with a new client, Thunder Bay Technologies. Received $ 8,900 cash in advance for future services to be performed. Paid semi-monthly salaries for $ 8,100. July 2 3 3 6 9 10 13 14 16 18