IDDAH ALZHRNE b ola es comprehensive pre ; the accounting cycle on " " Below are ABC Corporation accounts as of transactions July 1, 2013. Cash S 2,800 Account Receivables $680 Office Supplies $300 Office Equipment $7,500 Accounts Payables $2,600 Capital $8.680 The following transactions occur during the month of July July I July 2 July 4 July 5 July 6 July 7 July 8 July 9 July 10 Paid rent in cash $350. Performed services $60. Customer will pay in 30 days. Paid for office supplies purchased last month on account. $300 Paid for office supplies with cash $100 Paid salaries $300 Received $800 cash for the service revenues. Paid for electricity bill that was due from last month $360 Paid for telephone bill $70 Received $290 cash from a previous sale on account Purchased Office Equipment on account for $300 Instructions: 1) Record the transactions in the Journal 2) Post them to the Ledger (T-accounts) 3) Prepare a Trial Balance 4) Prepare the following Financials statements: Income Statement, statement of retained earnings & statement of financial position