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i need help Heidi Jara opened Bridgeport's Cleaning Service on July 1, 2022. During July, the following transactions were completed. July 1 Stockholders invested $
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Heidi Jara opened Bridgeport's Cleaning Service on July 1, 2022. During July, the following transactions were completed. July 1 Stockholders invested $ 19,900 cash in the business in exchange for common stock. Purchased used truck for $ 8,800, paying $ 3.900 cash and the balance on account. 1 3 Purchased cleaning supplies for $ 2,000 on account. 5 Paid $ 1,800 cash on a 1-year insurance policy effective July 1. 12 Billed customers $ 4,500 for cleaning services. 18 Paid $ 1.600 cash on amount owed on truck and $ 1.500 on amount owed on cleaning supplies. Paid $ 2,500 cash for employee salaries. 20 21 Collected $ 3,400 cash from customers billed on July 12. 25 Billed customers $ 6,000 for cleaning services. 31 Paid $ 350 for the monthly gasoline bill for the truck. 31 Paid a $ 5,600 cash dividend. (b) and (c) Prepare a trial balance at July 31 on a worksheet. Enter the following adjustments on the worksheet and complete the worksheet. (1) (2) (3) Unbilled and uncollected revenue for services performed at July 31 were $ 2,700. Depreciation on equipment for the month was $ 500. One-twelfth of the insurance expired. An inventory count shows $ 600 of cleaning supplies on hand at July 31. Accrued but unpaid employee salaries were $ 1.010. (4) (5) Trial Balance Adjustments Dr. Cr. Dr. Cr. -idgeport's Cleaning Service Worksheet Adjusted Trial Balance Income Statement Dr. Cr. Dr. Income Statement Balance Sheet Cr. Dr. Cr Step by Step Solution
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