I just need e2 and f done. Just those 2.

D

At June 30, 2022, the end of its most recent fiscal year, Pronghorn Computer Consultants' post-closing trial balance was as follows: The company underwent a major expansion in July. New staff was hired and more financing was obtained. Pronghorn conducted the following transactions during July 2022 , and adjusts its accounts monthly. July 1 Purchased equipment, paying $4,000 cash and signing a 2 -year note payable for $20,000. 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. 2 Issued 18,000 shares of common stock for $45,000 cash. 3 Paid $3,960 cash for a 12-month insurance policy effective July 1. 3 Paid the first 2 (July and August 2022) months' rent for an annual lease of office space for $3,900 per month. 6 Paid $3,400 for supplies. 9 Visited client offices and agreed on the terms of a consulting project. Pronghorn will bill the client, Connor Productions, on the 20 th of each month for services performed. 10 Collected \$1,190 cash on account from Milani Brothers. This client was billed in June when Pronghorn performed the service. 13 Performed services for Fitzgerald Enterprises. This client paid $1,140 in advance last month. All services relating to this payment are now completed. 14 Paid $360 cash for a utility bill. This related to June utilities that were accrued at the end of June. 16 Met with a new client, Thunder Bay Technologies. Received $13,200 cash in advance for future services to be performed. 18 Paid semi-monthly salaries for $10,300. 20 Performed services worth $30,400 on account and billed customers. 20 Received a bill for $2,000 for advertising services received during July. The amount is not due until August 15. 23 Performed the first phase of the project for Thunder Bay Technologies. Recognized $10,300 of revenue from the cash advance received July 16. 27 Received $14,600 cash from customers billed on July 20. The chart of accounts for Pronghorn Computer Consultants contains the following accounts: Cash, Accounts Receivable, Supplies, Prepaid Insurance. Prepaid Rent, Equipment, Accumulated Depreciation-Equipment, Accounts Payable, Notes Payable, Interest Payable, Income Taxes Payable, Salaries and Wages Payable, Unearned Service Revenue, Common Stock, Retained Earnings, Income Summary, Service Revenue, Supplies Expense, Depreciation Expense, Insurance Expense, Salaries and Wages Expense, Advertising Expense, Income Tax Expense, Interest Expense, Rent Expense, and Utilities Expense. (a) Your answer is correct. Enter the July 1 balances in the ledger accounts. Cash Accounts Receivable Supplies Accounts Payable Unearned Service Revenue \begin{tabular}{|l|l|} \hline & July 1 Bal. \\ & 1140 \\ \hline \end{tabular} Common Stock Retained Earnings July 1 Bal. 1880 Your answer is correct. Journalize the July transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) No Entry July 10 Cash 1190 Accounts Receivable July 13 Unearned Service Revenue 1140 Service Revenue July 14 Accounts Payable 360 1140 \begin{tabular}{|l|l|} \hline Cash & \\ \hline Cash & 13200 \\ \hline \end{tabular} 360 Unearned Service Revenue Salaries and Wages Expense 10300 Cash \begin{tabular}{lll} \hline July 23 & Unearned Service Revenue & 10300 \\ \hline \end{tabular} Service Revenue 10300 July 27 Cash 14600 Accounts Receivable Post to the ledger accounts. (Post entries in the order of journal entries presented in the previous part.) Supplies Prepaid Rent \begin{tabular}{ll|l|l|} \hline July 3 & & 7800 & \\ \hline July 31 Bal. & & 800 & \\ \hline \end{tabular} Equipment \begin{tabular}{|ll|l|l|} \hline July 1 & & 24000 & \\ \hline July 31 Bal. & & 24000 & \\ \hline \end{tabular} Accounts Payable Supplies Prepaid Rent \begin{tabular}{ll|l|l|} \hline July 3 & & 7800 & \\ \hline July 31 Bal. & & 800 & \\ \hline \end{tabular} Equipment \begin{tabular}{|ll|l|l|} \hline July 1 & & 24000 & \\ \hline July 31 Bal. & & 24000 & \\ \hline \end{tabular} Accounts Payable Your answer is correct. Prepare a trial balance at July 31 . PRONGHORN COMPUTER CONSULTANTS Trial Balances July 31,2022 Debit Credit Cash $ 49010$ Accounts Receivable 15800 Prepaid Insurance 3960 Supplies 4040 Prepaid Rent 7800 Equipment 24000 Accounts Payable Unearned Service Revenue Notes Payable Common Stock 2000 Retained Earnings Service Revenue 2900 Service Revenue Salaries and Wages Expense 10300 20000 Your answer is correct. Adjustment data: 1. Adjustment of prepaid insurance. 2. Adjustment of prepaid rent. 3. Supplies used, $1,200. 4. Equipment depreciation, $500 per month. 5. Accrual of interest on note payable. (Hint: Use the formula from Illustration 3.17 to compute interest.) 6. Salaries for the second half of July, $10,300, to be paid on August 1 . 7. Estimated utilities expense for July, $800 (invoice will be received in August). 8. Income tax for July, \$1,100, will be paid in August. (Hint: Use the accounts Income Tax Expense and Income Taxes Payable.) Journalize the adjusting entries for the month ending July 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) 4. July Depreciation Expense 500 Accumulated Depreciation-Equipment 100 Interest Payable 6. July \begin{tabular}{l} Salaries and Wages Expense \\ \cline { 3 - 4 } \end{tabular} 10300 Salaries and Wages Payable 10300 \begin{tabular}{rr|l|} 7. July & Utilities Expense \\ \hline \end{tabular} 800 Accounts Payable 8. July \begin{tabular}{l} Income Tax Expense \\ \hline \end{tabular} 1100 Income Taxes Payable ?d in the previous part.) Prepaid Rent Equipment \begin{tabular}{lc|} \hline July 1 & 24,000 \\ \hline July 31 Bal. & 24,000 \\ \hline \end{tabular} Accumulated Depreciation-Equipment Accounts Payable Interest Payable Salaries and Wages Payable Income Taxes Payable Salaries and Wages Expense July 18 Rent Expense Advertising Expense \begin{tabular}{lr|l} \hline July 20 & 2,000 & \\ \hline July 31 Bal. & 2,000 & \\ \hline \end{tabular} Supplies Expense Utilities Expense Depreciation Expense Insurance Expense Interest Expense Income Tax Expense (f) Prepare an adjusted trial balance. PRONGHORN COMPUTER CONSULTANTS Trial Balances July 31,2022 Debit Credit $ $