Help with closing entries and Adjusting entries

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 $6,500.00 for work performed during the 2nd week of July. July 15 Purchase $2,825.00 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. July 15 Collect $4.850.00 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 2022 broke down and is repaired by the mower dealen. The cost of the Mower Repair job is $830.00. Lenny/s will pay the mower dealer in 30 days. July 19 Purchase for cash 525,250.00 of supplies. These supples will be consumed over the next 12 months July 20 Collect $30,000.00 from the property management company for work performed in June. July 21 Pay the employees $7,050.00 for work performed during the 3rd week of July. July 23 Receive $23,850.00 advance payment from the university. The advance payment is for 6 months of work which wil be performed from August 1, 2023 to January 31, 2024 July 25 Complete a special mowing job for the golf course. The total price for the mowing job is $6,31000 The goif course pays 52,00000 cash on this date and Will pay the remainder on August 25 July 27 Complete a mowing job for a new customer - customer pays $4,500.00 cash for the job July 27 Pay $2.825.00 cash to the mower dealer for the supples purchased on account on July 15. July 28 Pay the employees $6,995.00 for work performed during the 4 th week of July July 31 Invoice the property management company $19.700.00 for July mowing work. The property management company will pay the invoice on the 20 th of next month July 31 Pay the cash dividend which was declared on July 5 Additional Information Equipment: The $48,000,00 beginning balance in the Equipment account relates to the mowing equipment which was purchased on January 2, 2022 . For information related to this mowing equipment see Page 70 in the Solid Footing file CHAPTER 07 a - Intro to Adjusting Entries.poff. This equipment continues to be used and should be depreciated for the month of July. The following information relates to the new equipment which was purchased on July 1, 2023: The new equipment was placed into service on July 1,2023 and should be depreciated for the month of July, - The estimated useful life of the new equipment is 5 years. At the end of 5 years, the new equipment will have no future value and will be scrapped The new equipment will be depreciated using the straight-line method Supplies: As the end of July there are 526.650 .00 supplies on-hand Mowing Service at the University: The monthly mowing service was provided to the university per the contract signed on Aprit 1, 2023. For information on the contract with the university and the related advance payment, see. Pages 95 and 98 in the Solid Footing fle CHAPTER 08 a - Adjusting Entries Continued pdf. Wages Due the Employees: The last wage payment was made to the employees on July 28, 2023. The employees worked on July 29,30 , and 31 . For these three days of work the employees eamed $2,280.00 of wages These three days of wages will be paid to the workers during the first week of August. Bank Loan: The interest on the loan from 1st Bank will be paid every three months. The first interest payment to the bank will be made on September 30, 2023. Lenny's calis the bank on July 31 and the bank indicates that the interest on the loan for July is $830,00