munny 0.34/1 View Policies Show Attempt History Mike Greenberg opened Grouper Window Washing Co. on July 1, 2022. During July, the following transactions were completed. July 1 Owner invested $10,300 cash in the company. 1 Purchased used truck for $6,880, paying $1,720 cash and the balance on account. 3 Purchased cleaning supplies for $770 on account. 5 Paid $1.560 cash on a 1-year insurance policy effective July 1. 12 Billed customers $3.180 for cleaning services performed. 18 Paid $860 cash on amount owed on truck and $430 on amount owed on cleaning supplies. 20 Paid $1,720 cash for employee salaries 21 Collected $1,380 cash from customers billed on July 12. 25 Billed customers $2.150 for cleaning services performed. 1:00 ND 10:52 AM 5/10/2022 F itly sunny You've completed all of the work in this assignment. Question 1 of 1 25 Billed customers $2.150 for cleaning services performed. 31 Paid $250 for maintenance of the truck during month 31 Owner withdrew $520 cash from the company (a) Your Answer Correct Answer Your answer is partially correct 0.34/1 EE Journalize the July transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter for 10:53 AM 5/10/2022 Mostly sunny You've completed all of the work in this assignment. Question 1 of 1 0.34/1 Journalize the July transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually Record journal entries in the o e order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter O for the amounts) Date Account Titles and Explanation July 1 Cash Judy 1 Long-term investments (To record cash invested in the business) Accounts Receivabl Cash DA (To record purchase of truck) Debit 10300 1720 Credit 1053 AM July 3 pur (To record purchase of truck.) Supplies Supplies Expense July 5 Cash 770 1560 Prepaid Insurance July 12 v Income Taxes Payable 3180 July 18 v Delivery Trucks a 860 0.34/1 10:53 AM 5/10/2022 Question 1 of 1 Delivery Trucks Supplies Expense July 20 Cashi 860 1720 Salaries and Wages Payable 1380 July 21 Accounts Payabi July 25 Unearned Service Revenue 2150 July 21 Maintenance and Repair Ex 250 0.34/1 E I 43 :00 NO 10:53 AM 5/10/2022 Question 1 of 1 July 31 July 31 Maintenance and Repairs Expense Delivery Trucks (To record maintenance of the truck) Income Summary Owner's Drawings (To record owner withdraws) eTextbook and Media List of Accounts 250 520 0 0.34/1 Assistance Used Attempts: 3 of 3 used STEE BAE Your Answer Correct Answer Your answer is partially correct. Post to the ledger accounts. (Post entries in the order of journal entries presented in the previous part.) 7/1 Cash cash 7/21 7/1 cash 7/25 7/3 75 7/31 7/31 0.34/1 EE 10:54 AM 5/10/2022 Question 1 of 1 < 715 7/31 7/12 7/18 7/20 3/25 7/31 7/31 Ba 7/31 Bal Accounts Receivable Supplies 0.34/1 III E E y sunny Question 1 of 1 Supplies Prepaid Insurance Equipment 0.34/1 E GOOD 10:54 AM 5/10/2022 Equipment Accounts Payable Owner's Capital. 2 0.34/1 E Owner's Capital Owner's Drawings Service Revenue Question 1 of 1 5677 Service Revenue Maintenance and Repairs Expense Salaries and Wages Expense H 0.34/1 G A 980 Question 1 of 1 eTextbook and Media List of Accounts (c) Salaries and Wages Expense 0.34/1 III T Attempts: 3 of 3 used Prepare a trial balance at July 31. GROUPER WINDOW WASHING CO. Trial Balance For the Month Ended July 31, 2022 Owner's Capital Delivery Trucks Supplies Prepaid Insurance Service Revenue Debit $ 6.880 770 1560 $ Credit 10,300 103 980 5/10/0 Supplies Prepaid Insurance Service Revenue Notes Payable Salaries and Wages Expense Accounts Receivable Service Revenue Maintenance and Repairs Expense Owner's Drawings 770 1.560 1.720 0 0 250 520 0.34/1 Question 1 of 1 Accounts Receivable completed all of the work in this assignment. Service Revenue Maintenance and Repairs Expense Owner's Drawings Totals eTextbook and Media List of Accounts 250 520 0.34/1 $ 11,700 $ 10.300 Attempts: 3 of 3 used TOU Answer correctArwer 0.34/1 Your answer is partially correct. Journalize the following adjustments. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts) 1. Services performed but unbilled and uncollected at July 31 were $1,460. 2. 3. 4. Depreciation on equipment for the month was $150. One-twelfth of the insurance expired. A count shows $280 of cleaning supplies on hand at July 31. 5. Accrued but unpaid employee salaries were $340. Sr. Date Account Titles and Explanation Debit Credit Sr. Date Account Titles and Explanation July 31 Accounts Payable Accumulated Depreciation-Equipment July 2. Equipment 31 July 3. Insurance Expense 31 4. July 31 Supplies Expense Debit 1460 0 150 PO entry 290 0.34/1 Credit 10:54 AM 3/10/2022 on 1 of 1 July Supplies Expense 31 July 31 Salaries and Wages Expense eTextbook and Media Solution List of Accounts 280 340 0.34/1 E Question 1 of 1 Your answer is partially correct. Post adjusting entries to the T-accounts. Cash 7/1 10,300 7/1 1.720 7/21 1,380 7/5 1,560 7/18 1.290 7/20 1,720 7/31 250 7/31 520 7/31 Bal 4.620 Accounts Receivable: 0.34/1 Question 1 of 1 7/12 7/25 Accounts Receivable 3,180 7/21 2.150 7/25 770 7/31 7/3 713 Supplies 770 1,380 0.34/1 773 7/5 7/12 Prepaid Insurance 1,560 Equipment 4 7/1 7/31 Bal. 6,880 6,880 Accumulated Depreciation-Equipment a B 10:56 AM 5/10/2012 Accumulated Depreciation-Equipment Accounts Payable D 7/18 1.290 7/1 5.160 7/3 7/31 Bal Salaries and Wages Payable 770 4,640 10 480 5/20 50 Mostly sunny 7/31 7/31 Bal Salaries and Wages Payable Owner's Capital 4,640 7/1 10,300 7/31 Bal. 10,300 Owner's Drawings 520 0.34/1 I Question 1 of 1 Owner's Capital 7/1 10,300 7/31 Bal. 10,300 D Owner's Drawings 7/31 520 7/31 Bal. 520 Service Revenue 7/12 3,180 0.34/1 Mostly sunny Question 1 of 1 7/31 You've completed all of the work in this assignment. 7/12 7/25 7/31 7/31 Maintenance and Repairs Expense 250 Supplies Expense D 3.180 2.150 0.34/1 E Question 1 of 1 Supplies Expense Depreciation Expense 0 Insurance Expense 0.34/1 I Question 1 of 1 7/20 eTextbook and Media Insurance Expense Salaries and Wages Expense 1,720 0.34/1 ! Your Answer Correct Answer Your answer is partially correct. Prepare an adjusted trial balance. GROUPER WINDOW WASHING CO Adjusted Trial Balance Debit Credit 3058 A 5/10/20 Prepare an acute a balance GROUPER WINDOW WASHING CO. Adjusted Trial Balance Debit Credit 2900 10:58 AM 5/10/2022 988 10:50 AM 501/20 Question 1 of 1 Totals eTextbook and Media List of Accounts You've completed all of the work in this assignment. 0.34/1 E 1 Attempts: 3 of 3 used