Mike Greenberg opened Kleene Window Washing Co$.$ on July $1,2022.$ During July, the following transactions were completed.

July $1$ Owner invested $$12,000$ cash in the company.

$1$ Purchased used truck for $$8,000,$ paying $$2,000$ cash and the balance on account.

$3$ Purchased cleaning supplies for $$900$ on account.

$5$ Paid $$1,800$ cash on a $1-$year insurance policy effective July $1.$

$12$ Billed customers $$3,700$ for cleaning services performed.

$18$ Paid $$1,000$ cash on amount owed on truck and $$500$ on amount owed on cleaning supplies.

$20$ Paid $$2,000$ cash for employee salaries.

$21$ Collected $$1,600$ cash from customers billed on July $12.$

$25$ Billed customers $$2,500$ for cleaning services performed.

$31$ Paid $$290$ for maintenance of the truck during month.

$31$ Owner withdrew $$600$ cash from the company.

The chart of accounts for Kleene Window Washing contains the following accounts Cash, Accounts Receivable, Supplies, Prepaid Insurance, Equipment, Accumolated Depreciation$-$

Equipment, Accounts Payable, Salaries and Wages Payable, Owner's Capital, Owner's Drawings, tncome Summary, Service Revenue, Maintenance and Repairs Expense, Supplies Expense,

Depreclation Expense, Insurance Expense, and Salaries and Wages Expense.

Instructions

a$.$ Journalize the July transactions.

b$.$ Post to the ledger accounts. $($Use T$-$accounts.$)$

c$.$ Prepare a trisil balance at July $32$

d$.$ Journalize the following adjustments.

Services performed but unbilled and uncollected at July $31$ were $$1,700$

Depreciation on equipment for the month was $$180.$

One$-$twelth of the insurance expired.

A count shows $$320$ of cleaning supplies on hand at July $31.$

Accrued but unpaid employee salaries were $$400.$

e$.$ Post adjusting entries to the $T-$accounts.

$$ Prepare an adjusted trial balance.

L$.$ Cash $$5,410$

Prepare the income statement and an owner's equity statement for July and a classified balance sheet at July $31.$

g$.$ Tot assets $$21,500$

h$.$ Journalize and post closing entries and complete the closing process.

L Prepare a post$-$closing trial balance at July $31.$

Complete all steps in accounting cycle.