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Journalize adjusting entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select No Entry
Journalize adjusting entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation (To record revenue earned) (To record depreciation) (To record insurance expired) Debit EX Credit Prepare a trial balance at July 31 on a worksheet. Enter the following adjustments on the worksheet and complete the worksheet. (1) Unbilled and uncollected revenue for services performed at July 31 were $2,600. (2) Depreciation on equipment for the month was $400. (3) One-twelfth of the insurance expired. (4) An imventory count shows $500 of cleaning supplies on hand at July 31 . (5) Accrued but unpald emplovee salaries were $1,010. CULLUMBER'S CLEANINGSERVICE Income Statement For the Month Ended July 31, 2022 Prevenues Service Revenue 5 13100 Expenses Ganolinn Expense 5 340 Supdies frepente 1400 Oepredationitxpems Journalize ad/usting entries. CCredit occount titles ore automaticolly lindented when amount is entered. Do not indent manudily, if no entry is requined, select "No Entry" for the occount tities and enter Ofor the amounts.) Cullumber Clark opened Cullumber's Cleaning Service on July 1, 2022. During July, the following transactions were completed. July 1 Cullumber invested $20,000 cash in the business. 1 Purchased used truck for $8,900, paying $4,000 cash and the balance on account. 3 Purchased cleaning supplies for $1,900 on account. 5 Paid $1,800 cashon a 1-year insurance policy effective July 1. 12 Biled custorners $4,500 for cleaning services. 16 Pald \$1.600 cash on amount owed on truck and $1,300 on amount owed on cleaning supplies. 20 Paid \$2,400 cash for employee salaries: - 21 Collected $3,300 cash from customers billed on July 12. 25 Bilted customers $6,000 for cleaning services. 31 Paid s340 for the monthly gasoline bill for the truck 31 Withdraw $5.500 cash for personsluse
Journalize adjusting entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation (To record revenue earned) (To record depreciation) (To record insurance expired) Debit EX Credit
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