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Manny Gill is an entrepreneur who started West Secure, a business that provides a number of security guard services. West Secure incurred the following transactions
Manny Gill is an entrepreneur who started West Secure, a business that provides a number of security guard services. West Secure incurred the following transactions during July 2023 , its first month of operations: July 1 The owner, Manny Gill, invested $4,500 cash. 10 Purchased $2,000 worth of security equipment on credit. 12 Performed security services for a sold-out concert and received $10,000 cash from the client. 14 Paid for expenses; $3,000 15 Completed security services for a graduation event and sent the client a bill for $1,250. 31 The owner withdrew $200 cash for personal use. Required: 2. Record the journal entries for the month of July. Journal entry worksheet 1\& 3. Post the July journal entries into your general ledger accounts. Include the date next to each number posted. Determine the balances. 4. Prepare a trial balance using the balances in your general ledger accounts. 5. Prepare an income statement, statement of changes in equity, and balance sheet based on your trial balance
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