• Mary Coleman opened Mary’s Maids Cleaning Service on July 1, 2014. During July the following transactions were completed. July 1; Shareholders invested $20,000 cash in the business in exchange for ordinary Shares. July 1; Purchased used truck for $12,000, paying $4,000 cash and the balance on account. July 3; purchase cleaning supplies for $2,100 on account. July 5; Paid $1,800 cash on one-year insurance policy started from July 1. July 12; billed customers $5,900 for cleaning services July 18; Paid $1,500 cash on amount owed on truck and $1,400 on amount owed on cleaning supplies. July 20; Paid $4,500 cash for employee salaries July 21; collected $4,400 cash from customers billed on July 12 July 25; billed customers $8,000 for cleaning services July 31; paid $350 for the monthly gasoline bill for the truck July 31; declared and paid a $1,200 cash dividend Instructions; Journalize and post the July transactions. Prepare necessary Ledger Accounts. Prepare a Trial Balance as of July 31 Journalize the following adjustments and prepare an adjusted Trial Balance: Services provided but unbilled and uncollected at July 31 were $3,300. Depreciation on equipment for the month was $500. One-twelfth of the insurance expired. An inventory count shows $600 of cleaning supplies on hand at July 31. Accrued but unpaid employee salaries were $2,200. Prepare a complete worksheet Prepare an income statement, a statement of retained earnings, and a statement of financial position. Maintain the necessary closing entry. Prepare a post-closing trial balance.