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howtime Saved Help Save & Exit SL C Required Information Problem 2-7B Complete the steps in the measurement of external transactions (LO2-4,2-5, 2-6) [The following

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howtime Saved Help Save & Exit SL C Required Information Problem 2-7B Complete the steps in the measurement of external transactions (LO2-4,2-5, 2-6) [The following information applies to the questions displayed below) Below are the transactions for Salukis Car Cleaning for June, the first month of operations. June 1 Obtain a loan of $61,000 from the bank by signing a note. June 2 Issue common stock in exchange for cash of $31,000. June 7 Purchase car wash equipment for $66,000 cash. June 10 Purchase cleaning supplies of $7,100 on account. June 12 Wash 410 cars for $10 each. All customers pay cash. June 16 Pay employees $810 for work performed. June 19 Pay for advertising in a local newspaper, coating $410. June 23 Wash 510 cars for $10 each on account. June 29 Pay employees $360 for work performed. June 30 A utility bill of $1,310 for the current month is paid. June 30 Pay dividends of $510 to stockholders. Problem 2-7B Part 4 4. Prenare a trial balance for lune 4 Discussion Forum Connect Saved Showtime ( Required information 4. Prepare a trial balance for June. SALUKIS CAR CLEANING Trial Balance June 30 Debit Credit Accounts Cash Accounts receivable Supplies Equipment Accounts payable Notes payable Common stock Dividends Service revenue Salaries expense Advertising expense Utilities expense Totals $ 0 S 0 S 2

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