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I'm having some issues completing Steps 6 through 12? REQUIRED Step 1 Step 2 Step 3 Step 4 Step 5 Step 6 Journalize the July
I'm having some issues completing Steps 6 through 12?
REQUIRED Step 1 Step 2 Step 3 Step 4 Step 5 Step 6 Journalize the July transactions. Use journal page 1. Post the July transactions from page J1 to the general ledger. Prepare a trial balance at July 31 using the running balance total for each account in the ledger. Journalize the adjusting entries. Use journal page 2. Post the July adjusting entries from page J2 to the general ledger. Prepare an adjusted trial balance at July 31 using the updated running balance total for each account in the ledger. Prepare the Income Statement for July. Prepare the Statement of Owners Equity for July. Prepare a classified Balance Sheet at July 31, 2019. Journalize the necessary closing entries. Use journal page 3. Post the July closing entries from page J3 to the general ledger. Prepare a post-closing trial balance at July 31. Step 7 Step 8 Step 9 Step 10 Step 11 Step 12 Martin Johnson opened Seaside Cleaning Service on July 1, 2019. During July, the company completed the following transactions: July 1 Owner Martin Johnson invested $39,870 cash and $7,545 of cleaning equipment in the business 1 Purchased a used truck for $10,500, paying $2,500 cash and the balance on account. 3 Purchased cleaning supplies for $1,794 on account. 5 Paid $1,800 on a one-year insurance policy, effective July 1. 12 Billed customers $4,813 for cleaning services. 15 Received $1,650 from customers for future cleaning services. 18 Paid $1,200 of amount owed on truck. 20 Paid $698 for employee salaries. 21 Collected $3,632 from customers billed on July 12. 25 Billed customers $6,275 for cleaning services. 31 Paid gasoline for the month on the truck, $297. 31 Owner Martin Johnson withdrew $1,000 for personal use. Adjustments: July 31 Earned but unbilled fees at July 31 were $2,476. Depreciation on truck for the month was $175. Earned $450 of payment received on July 15. One-twelfth of the insurance expired. An inventory count shows $521 of cleaning supplies on hand at July 31. Accrued but unpaid employee salaries were $287Step by Step Solution
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