i need help with adjusting and closing entries and how to calculate the account amounts

Q. QQ+C A Chaptar 10 f - Accounting Cycle Project 150 insert Drow Pagelaygut formeles Data Aeviaw Viow Automate Develbper Acrebat P Tall me Lenny's Lawn Service, lnc. - Transactions - Additional Information July 2023 Transactions Dise Deperigoon of the Transacsen that wien eampleted on July 3 . The $48,000.00 beginning balance in the Equpment account relates to the mowing equipment which was purchased on January 2, 2022. For infomation rolated to this mowing equpment see Page 70 in the Solid Footing fle CHAPTER 07 a - Intro to Adusting Entries. pet. this equpment contimues to be used and should be degreciated for the month of July. The following infarmation selates 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 foe the month of July. - The estimated useful life of the new equipment is 5 yoars At the end of 5 years, the new equipment wil have no future value and wil be scrapped. - The new equipment will be depreciatod using the straght-line mechod As the end of July there are $26,73000 supplies onhand Aing Service he University: The monthly mowing service was providod to the university per the contract signed on Apri 1, 2023. For information on the contrect with the university and the related advance paymant, see Additional Information Equipment The $48,000.00 begining balance in the Equipment account rolates to the mowing oquipment which was purchased on Jaruary 2, 2022. For information related to this mowing equipment soe Page 70 in the Solid Footing fie CHAPTER of a - Intro to Adusting Entries pdi This equipment cortinues to be used and should be depreciated for the month of July. The following inflomation relates to the new equpment which was purchased on Jit. 1, 2023: The now equipment wes 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 thave no future value and wil be scrapped. The new equipment will be degreciated using the straight-line method. Supplies: As the end of July there are $25,750,00 supplies on-hand Mowing Service at the University: The moritly mowing service was provided to the university per the contract signed on April 1, 2023. For information on the contract with the unversity and the relatod advance paymont, see Pagres 95 and 98 in the Solid Footing filo CHAPTER O8 a - Ad,usting Entries Continuod.pdf Wages Due the Employees: The last wige 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 $2,180.00 of wages. These three days of woges wit be paid to the workers during the first week of August. Bank Loan: The inderest on the loan from 1st Bank wil be paid every three months. The fint interest payment to the bonk will be made on September 30,2023 . Lenny's calls the bark on Jily 31 and the bank indicates that the interest on the loan for July is $800.00. Q. QQ+C A Chaptar 10 f - Accounting Cycle Project 150 insert Drow Pagelaygut formeles Data Aeviaw Viow Automate Develbper Acrebat P Tall me Lenny's Lawn Service, lnc. - Transactions - Additional Information July 2023 Transactions Dise Deperigoon of the Transacsen that wien eampleted on July 3 . The $48,000.00 beginning balance in the Equpment account relates to the mowing equipment which was purchased on January 2, 2022. For infomation rolated to this mowing equpment see Page 70 in the Solid Footing fle CHAPTER 07 a - Intro to Adusting Entries. pet. this equpment contimues to be used and should be degreciated for the month of July. The following infarmation selates 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 foe the month of July. - The estimated useful life of the new equipment is 5 yoars At the end of 5 years, the new equipment wil have no future value and wil be scrapped. - The new equipment will be depreciatod using the straght-line mechod As the end of July there are $26,73000 supplies onhand Aing Service he University: The monthly mowing service was providod to the university per the contract signed on Apri 1, 2023. For information on the contrect with the university and the related advance paymant, see Additional Information Equipment The $48,000.00 begining balance in the Equipment account rolates to the mowing oquipment which was purchased on Jaruary 2, 2022. For information related to this mowing equipment soe Page 70 in the Solid Footing fie CHAPTER of a - Intro to Adusting Entries pdi This equipment cortinues to be used and should be depreciated for the month of July. The following inflomation relates to the new equpment which was purchased on Jit. 1, 2023: The now equipment wes 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 thave no future value and wil be scrapped. The new equipment will be degreciated using the straight-line method. Supplies: As the end of July there are $25,750,00 supplies on-hand Mowing Service at the University: The moritly mowing service was provided to the university per the contract signed on April 1, 2023. For information on the contract with the unversity and the relatod advance paymont, see Pagres 95 and 98 in the Solid Footing filo CHAPTER O8 a - Ad,usting Entries Continuod.pdf Wages Due the Employees: The last wige 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 $2,180.00 of wages. These three days of woges wit be paid to the workers during the first week of August. Bank Loan: The inderest on the loan from 1st Bank wil be paid every three months. The fint interest payment to the bonk will be made on September 30,2023 . Lenny's calls the bark on Jily 31 and the bank indicates that the interest on the loan for July is $800.00