Kristin Malone opened Kristin's Maids Cleaning Service on July 1, 2019. During July, the company completed the following transactions.

July1Stockholders invested $17,000cash in the business in exchange for common stock.1Purchased a used truck for $11,000, paying $2,600cash and the balance on account.3Purchased cleaning supplies for $800on account.5Paid $1,668on a 1-year insurance policy, effective July 1.12Billed customers $3,600for cleaning services.18Paid $1,200of amount owed on truck, and $210of amount owed on cleaning supplies.20Paid $1,500for employee salaries.21Collected $1,600from customers billed on July 12.25Billed customers $1,600for cleaning services.31Paid gasoline for the month on the truck, $400.31Declared and paid a $800cash dividend.

(b) Prepare a trial balance at July 31 on a worksheet. (c) Enter the following adjustments on the worksheet, and complete the worksheet. (1) Unbilled fees for services performed at July 31 were $1,500. (2) Depreciation on equipment for the month was $210. (3) One-twelfth of the insurance expired. (4) An inventory count shows $300 of cleaning supplies on hand at July 31. (5 ) Accrued but unpaid employee salaries were $500. KRISTIN'S MAIDS CLEANING SERVICE Prepare a worksheet. v Account Titles Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Common Stock Dividends Service Revenue Gasoline Expense Salaries and Wages Expense Totals Depreciation Expense Accum. Depr.-Equipment Insurance Expense Supplies Expense Salaries and Wages Payable Totals Net Income Totals