July 5 1,800 July 31 Adjusting Equipment Date Explanation Debit Credit July 1 9,200 150 1,800 1,650 Balance No. 157 9,200 Accumulated Depreciation-Equipment No. 158 Date Explanation Debit Credit Balance July 31 Adjusting 500 500 Accounts Payable No. 201 Date Explanation Debit Credit Balance July 1 5,300 5,300 July 3 2,200 7,500 July 18 3,100 4,400 Salaries and Wages Payable No. 212 Date Explanation Debit Credit Balance July 31 Adjusting 1,050 1,050 Owner's Capital No. 301 Date Explanation Debit Credit Balance July 1 20,200 20,200 July 31 Closing 5500 14700 July 31 Closing 7250 21950 Owner's Drawings No. 306