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Lee Davis opened Pharoah's Window Washing on July 1, 2024. In July, the following transactions were completed: July 1 Invested $26,000 cash in the business.

Lee Davis opened Pharoah's Window Washing on July 1, 2024. In July, the following transactions were completed:

July 1 Invested $26,000 cash in the business.
1 Purchased a used truck for $34,020, paying $8,020 cash and signing a note payable for the balance.
1 Paid $3,360 on a one-year insurance policy, effective July 1.
5 Billed customers $3,900 for cleaning services.
12 Purchased supplies for $2,700 on account.
18 Paid $3,600 for employee salaries.
25 Billed customers $11,900 for cleaning services.
28 Collected $3,900 from customers billed on July 5.
31 Paid $1,150 for repairs on the truck.
31 Withdrew $3,200 cash for personal use.

Adjustment:

1. Services of $2,100 were provided but remained unbilled and uncollected at July 31.
2. The truck has an estimated useful life of five years.
3. One-twelfth of the insurance expired.
4. An inventory count shows $1,000 of supplies on hand at July 31.
5. Accrued but unpaid employee salaries were $1,100.
6. The note payable has a 6.0% annual interest rate.

Prepare an adjusted trial balance.

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