General Journal
	Date	Description(Account Name)			Debit	Credit
	1-Jul	Cash			90,000
		Common Stock				90,000
	3-Jul	Rent Expense			5,500
		Cash				5,500
	5-Jul	Prepaid Insurance			4,800
		Cash				4,800
	7-Jul	Supplies			900
		Accounts Payable				900
	10-Jul	Salary Expense			3,300
		Cash				3,300
	14-Jul	Equipment			11,500
		Cash				1,500
		Accounts Payable				10,000
	15-Jul	Cash			7,700
		Revenue				7,700
	19-Jul	Accounts Payable			500
		Cash				500
	31-Jul	Cash			8,505
		Revenue				8,505
	31-Jul	Dividends			600
		Cash				600
					133,305	133,305

Post the July journal entries to the following T-accounts and compute ending balances.
Cash (111)			Revenue (411)
Prepaid Insurance (117)			Rent Expense (511)
Supplies (119)			Salaries Expense (512)
Equipment (144)			Insurance Expense (513)
Accumulated Depreciation-Equipment (145)			Supplies Expense (514)
Accounts Payable (212)			Depreciation Expense (515)
Income Tax Payable (213)			Income Tax Expense (516)
Common Stock (311)
			Retained Earnings (312)
Dividends (313