I need help with (2)Adjusted entries for the general ledger (6) adjusted trial balance (7) Financial statement (8&9)Closing entries (10) post closing trial balance

Date July 1 July 1 July 1 July 6 July Transactions Transaction Description Began business by making a deposit in a company bank account of $40,000, in exchange for 4,000 shares of $10 par value common stock. Paid the premium on a 1-year insurance policy, $4,800. Paid the current month's store rent expense, $3,600. Purchased repair equipment from Paul's Pool Equipment Company, $7,800. Paid $600 down and the balance was placed on account. Purchased repair supplies from Mary's Repair Company on credit, $450. Paid telephone bill, $300. Cash pool service revenue for the first third of July, $2,650. July 8 July 10 July 11 July 18 July 20 Made payment to Mary's Repair Company, $300. Cash pool service revenue for the second third of July. $4,000. Cash pool service revenue for the last third of July $2,250. July 31 July 31 July 31 Paid the current month's electric bill, $500. Declared and paid cash dividend of $1,100. - July Transactions Chart of Accounts T- HT Chart of Accounts Amber Account Tale Assets Marmal Balance 111 Debit Cash Repair Supplies Prepaid Insurance Repair Equipment Accum Dep-Repair Equipment Debit 145 Debit Credit Liabilities 212 Accounts Payable Income Tax Payable Credit Credit 213 Stockholders Equity Credit Common Stock Retained Earnings Dividends 313 Credit Debit Revenue 411 Pool Service Revenue Credit Expenses Debit Debit Store Rent Expense Telephone Expense Insurance Expense Repair Supplies Expense Dep Expense-Repair Equipme Income Tax Expense Electric Expense TOT Debit Debit Once you this requir Credit complete on the G workshee 40.000 + un om 00 0 N 4,800 3.600 General Journal Account Number from Chart of Date Accounts tab Account Title from Chart of Accounts tab Debit 1-Jul i u Cash 40,000 311 Common Stock 4,000 shares $10 par value 1-Jul 119 Prepaid Insurance 4.800 Cash Paid premium on one-year insurance policy 511 Store Rent Expense 3,600 111 Cash Paid month's rent 6-Jul 144 Repair Equipment 7.800 111 Cash 212 Accounts Payable Purchase repair equipment from Paul's Pool 8-JUI 117 Repar Supplies 450 212 Accounts Payable Purchase repair supplies from Mary's Repair 10-JUI 512 Telephone Expense Cosh Paid telephone bill 111 Cash 2650 Pool Service Revenue pool service revenue for the first third of Juli 13 BANDA July Transactions Chart of Accounts 1 - Journal Entries 600 7. 200 450 111 NNNN 2.650 General Ledger Ready to Acke L36 212 10-Jul Il-Jul 2.650 18-JU DE Accounts Payable 450 Purchase repair supplies from Mary's Repair 512 Telephone Expense 111 Cash 300 Paid telephone bill 111 Cash 2650 411 Pool Service Revenue pool service revenue for the first third of July 212 Accounts Payable 300 Cash 300 made payment to Mary's repair 111 Cash 411 Pool Service Revenue pool service revenue for the second third of July 111 Cash Pool Service Revenue 2.250 pool service revenue for the last third of July 517 Electric Expense 111 Cash Paid electric bill 313 Dividends 1.100 111 Cash 1.100 Declared and paid cash dividends 20-Jul 31-Jul 417 31-Jui SO 31-JUI 671750 D16 N Date 1 1-Jul 61-Jul 76-Jul 8 10-Jul 9 11-Jul 10 18-Jul 11 20-Jul 12 31-Jul 13 31-Jul 14 31-Jul 15 Trial Balance REQUIREMENT #2: Post the July journal entries to the following T-Accounts and compute ending, balances. Lash (114 Pool Service Revenue (410 40,000 11-Jul 2,650 4,800 20-Jul 4.000 3,600 31-Jul 2.250 600 Trial Balance 8,900 300 2,650 300 4,000 500 1,100 37,700 Regal Supplies 450 450 19 8-Jul 20 Trial Balance 1- Jul Trial Balance 3,600 3,600 ce, une ERASERATI 27 1-Jul 28 Trial Balance S 4,800 4.800 GO 10-Jul Trial Balance 300 D16X fir 33 Insurance Expense (5131 35 6-Jul 36 Trial Balance Repair Equipment (14) 7,800 7,800 Accum. Degr. -Repair Equipment (145) Repair Supplies Expense (5141 1985 GRESS Accoues Payable x312) spr. Exca.hesar Egen 5% 7,200 450 52 6-Jul 53 8-Jul 54 18-Jul 55 Trial Balance 300 ream a Psa I came Excise ... General Ledger en 3 - The 1 Ready July Transactions in Chart of Accounts Accessibilit astigste to D16 Lommon Stock (310 40,000 40,000 31-Jul Trial Balance Electric Expense (517) 500 500 Trial Balance Retained Emas 12 83 31-Jul 84 Trial Balance Providends (3137 1,100 1,100 Account Title Account Number Cash Repair Services Prepaid Insurance Repair Equipment Accounts Payable Common Stock Dividends Pool Service Revenue Store Rent Expense Telephone Expense Electric Expense Balance Debit Credit 37,700 450 4,800 7.800 7,350 40,000 1,100 8,900 SEN 3.600 300 500 56.250 | 56.250 luhy Transactions Chart of Account AB Requirement #4: Prepare adjusting entries using the following information in the General Journal below. Show your calculations! a) One month's insurance has expired. b) The remaining inventory of repair supplies is $250. c) The estimated depreciation on repair equipment is $160. d) The estimated income taxes are $95. Requirement #5: Post the adjusting entries on July 31 below to the General Ledger T-accounts (Step 2) and compute adjusted balances. Just add to the balances that are already listed. Requirement #4 400 Accoun: Number from Chart OF Accounts Date fab Acacuntule on har. Of Accou 31-Jul 513 Insurance Expense 119 Prepaid Insurance 31-Jui 514 Repair Supplies Expense 117 Repair Supplies 31-Jul 515 Dep Expense - Repair Equipment 145 Accum Dep - Repair Equipment 31-Jul 516 Income Tax Expense 213 Income Tax Payable 400 250 250 120 ... July Transactions Chart of Accounts Journal Entries General Ledger 3 - Trip PP Accessibility investigate 127 D REQUIREMENT #6: Prepare an Adjusted Trial Balance in the space below. E Peter's Pool Corporation Adjusted Trial Balance July 31 Account Title 3 Account 4 Number Balance Debit Credit SUGGUN Coon July Transactions chart of Accounts f o r mas 2 Penziede: Formulas Data Review Home Insert Draw Page Layout Century Gothic -10-A A BIU .La.A. = 23 Wrap Text Merge & Center - General $ $ - % %9 ste Insert 0 9 Conditional Format as Cell Formatting Table Styles Styles pboard Font Alignment Number F G Peter's Pool Corporation Income Statement For the Month Ending July 31 Peter's Pool Corporation Statement of Retained Earnings For the Month Ending July 31 Peter's Pool Corporation Balance Sheet July 31 Revenues: Pool Repair Revenue Total Revenue Retained Earnings, July 1 Add: Net Income Subtotal de Less : Dividends Retained Earnings, July 31 Assets: Cash Repair Supplies Prepaid Insurance Repair Equipment Less: Accum. Dep-Repair Equipment. Total Assets Expenses: Store Rent Expense Telephone Expense Insurance Expense Repair Supplies Exp. Depreciation Exp. Income Tax Expense Electric Expense Total Expenses Liabilities and Stockholders' Equity Liabilities: Accounts Payable Income Taxes Payable Total Liabilities Net Income Stockholders' Equity: Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities & Stockholders' Equity Chart of Accounts July Transactions Accessibility: Investigate 1 - Journal Entries 2 - General Ledger 3 Trial Balance 4825 Adjusting Entries 6 - Adul 1 Type here to search LUNDUGU C15 : * faol 4 DEFG Requirement #8: Prepare the closing entries at July 31 in the General Journal below. Hint: Use the balances for each account which appear on the Adjusted Trial Balance for your closing entries. Requirement #9: Post the closing entries to the T-Accounts on the General Ledger (Step 2) worksheet and compute ending balances. Just add to the adjusted balances already listed. General Journal Account Number from Chart of Accounts fab Date Account Title from Chat of A counts labi... Deb Credit See the Week 2 for how to com closing entries. ... General Ledger 3 - Trial Balance 1 Journal Entries Accessibility Investigate 48.5 Adjusting Entries 6 - Adjusted Ready to D5 4 A 1 Requirement #10: Prepare a post-closing trial balance as of July 31 in the space below. Peter's Pool Corporation Post-Closing Trial Balance July 31 Account Title 3 Account 4 Number Balance Debit Credit . Ready Beitral Balance .. e 2General Ledger Accessibility Investigate 483sing te s ted TB17 - Financial d