Need help with all journal entries, along with the GL Assets, GL Liab-Equity, GL Rev-Exp, Trial Balance, IS & SEquity, Balance Sheet, and Post Close TB.

--- Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments Insertv ~ APA = = = 39. Wrao Text 3. ER-5 18. Ou 4 Y Delete PASTA B BIU A Morge & Centar v ICAS Conditional Format Formatting as Table Styles Sort Filter Format Find & Select Sensitivity CZ f Lenny's Lawn Service, Inc. - Transactions - Additional Information July 2021 Transactions Date Description of the Transaction July 1 Barrow $35,000.00 from 1st Bank by signing a 24 month nate As an example of how to jumale and post a transaction - the transaction has already been entered into the General Joumal and posted to the General Ledger.) July 1 Recive S&2,600.00 cash from new investors, and issue $62,600.CO af Common Stack to them. July 1 Purchase S42,301.00 of naw moving equipment, paying cash to the mower Dealer July 1 Pay $500.00 cash for the July truck rental July 3 Invoice 9 new customer $1,775.00 for a completed mowing job - customer wil psy in 10 days. July 5 The Board of Directors declares a cash dividend. The total amount of the dividend is $25,000.00 The Date of Record is set as July 15 The Date of Payment is set as July 31 | July 7 Pay the employees $5.800.00 for work performed during the 1st week of July. July 10 Complete a mowing job for a new cuetoner -- customer pays $4,200.00 cash for the job. July 12 Colect $3,500.CO cash from the gal course for special rush mowing jou completed on May 31. July 14 Pay the employees $7,000.00 for work performed during the 2nd week of July. July 15 Purchase S1,0/21.00 at supplies from the mawar dealer. The supplies are consumed immediately Lenny's will pay the mover danlar for the suples in our 2 weeks July 15 Colect $4,775.00 on account the cash that is received is from the new customer for the job that was completed on July 3 L July 17 One of the original mowers purchased in January of 2020 broke down and is repaired by the moner dealer. The cost of the Mower Repair ob is $445.00. Lenny's will pay the moner dealer in 30 days. July 19 Purchase for each $22,750.00 of supplee. Theee supplee wil be consumed over the next 12 months July 20 Colect $30,000.00 from the property management company for work performed in June. July 21 Pay the employees $7,100.00 for work performed during the 3rd week of July July 23 Receive a $20,000.00 advance payment from the university. The advance payment is for ei months at work which wil he performed from August 1, 20:21 to January 21, 2022. July 25 Complete a special mowing in for the crit course the taler for the moving ish is $5.400.00 Directions Trans Chart Accts A Journal A GL Assets A GL Liab-Equity AGL Rov-Exp Trial Bal A IS & SEquity BalSht A Post Close TB HH 109% --- Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments Insertv v AA 39. Wrao Text 3. ER-5 18. Ou 4 Y Delete Paste A ICAS Merge & Center Conditional Format Formatting as Table Styles Sort Filter Format Find & Select Sensitivity C2 July 21 Pay the employees 57,100,00 for work performed during the 3rd week of July July 23 Receive a $20,000.CO advance payment from the university. The advance payment is for 6 months of work which will be performed from August 1, 2021 to January 31, 2022 July 25 Complete a special mowing job for the gol course. The total price for the mowing job is $5.400.00. The golf course pays $500.00 cash on this date and wil pay the remainder on August 25. July 27 Carpele a mwing job for a new customer -- Custoirer pays 33,900.00 cash for the job. July 27 Pay 31,020.00 cash to the mower dealer far the supplies purchased an account on July 15. July 28 Pay the employees S6, 100.CO for work performed during the 4th week of Juy July 31 Invoice the property management company S19,500.00 for July mowing work. The property management company will pay the invoice on the 20th of next month July 31 Pay the cash dividend which was declared on July 5. Additional Information Equipment: The $48.000.000 beginning balance in the Equipment account relates to the morning equipment which was purchased an January 2, 2020. For information related to this mawing equipment see Page 70 in the Solid Facting text (PDF C7 - Intro to Adjusting Entrics) This equipment continues to be used and should be depreciated for the month of July The following information relates to the new equipment which was purchased on July 1, 2021: The new equipment was placed into service on July 1, 2021 and should be depreciated for the month of July The estiraled useful le of the new equipment is 5 years. - At the end of 5 years, the new equipment will have no future value and wil be scrapped. - The new equipment wil be depreciated using the straight-line method. Supplies At the end of July there are $24,250.00 supplies on-hand. Mowing Service at the University: The monthly moving service was provided to the university per the contract signed on Apr 1, 2021. For information on the contract with the university and the related advance payment see Pages 35 and 98 in the Solid Footing text (PDF 18 - Adjusting Entries Continued), Wages Due the Employees: The last wage payment was made to the employees an Juy 29, 2021. The employees worked on July 29, 30, and 1. For these three days of work the cmployces carned $3,250.00 of wages. These three days of wages will be paid to the workers during the first week of August Bank Loan: The interest on the loan from 1st Bark wil be paid every three months. The first interest payment Directions Trans Chart Accts A Journal AGL Assets A GL Liab-Equity GL Rev-Exp Trial Bal A IS & SEquity BalSht A Post Close TB HH 109% Insert Draw Page Layout Formulas Data Home - Review View Tell me Share Comments L + ab Wrap Text Insert I Dalato Format YO 4 LA Paste Merge & Center v S v % 2 93 Conditional Format Cell Formatting as Table Styles Sort & Filter Find & SA Act Ideas Sensitivity C2 Additional Information Equipment: The $48,000.00 beginning balance in the Equipment account relates to the mowing equipment which was purchased on January 2, 2020. For information related to this mowing equipment see Page 70 in the Solid Footing text (PDF 07 - Intro to Adjusting Entries). This equipment continues to be used and should be depreciated for the month of July, The following information relates to the new equipment which was purchased on July 1, 2021: The new equipment was placed into service on July 1, 2021 and should be depreciated for the month of July, The estimated useful life of the new equipment is 5 years. At the end of 5 years, the new equipment will have no future value and will be scrapped. The new equipment will be depreciated using the straight-line method. Supplies: At the end of July there are $24,250.00 supplies on-hand. Mowing Service at the University: The monthly mowing service was provided to the university per the contract signed on April 1, 2021. For information on the contract with the university and the related advance payment, see Pages 95 and 98 in the Solid Footing text (PDF 08 - Adjusting Entries Continued). Wages Due the Employees: The last wage payment was made to the employees on July 28, 2021. The employees worked on July 29, 30, and 31. For these three days of work the employees eamed $3,250.00 of wages. These three days of wages will be paid to the workers during the first week of August. Bank Loan: The interest on the loan from 1st Bank will be paid every three months. The first interest payment to the bank will be made on September 30, 2021. Lenny's calls the bank on July 31 and the bank indicates that the interest on the loan for July is $795.00. Directions Trans Chart Accts Journal GL Assets GL Liab-Equity GL Rev.Exp Trial Bal AIS & SEquity A BalSht A Post Close TB + E + 150% Home Insert Draw Page Layout Formulas Data Review View Tell me Le Share - Comments Insert ~ A A = = = Wrap Text 8-0 Delete Paste Big D Merge & Center & w Conditional Format Formatting as Table Styles Sort & Filter Find & Select Ideas Format v Sensitivity B2 . fx Lenny's Lawn Service, Inc. - Chart of Accounts Account # 100 105 110 150 155 200 205 210 215 220 250 Account Name Assets: Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Liabilities: Accounts Payable Wages Payable Interest Payable Uneamed Revenue Dividends Payable Note Payable Equity: Common Stock Retained Earnings Revenues: Service Revenue Expenses: Supplies Expense Mower Repair Expense Wages Expense Truck Rental Expense Depreciation Expense Interest Expense 300 305 400 500 505 510 515 520 550 Directions Trans Chart Accts Journal GL Assets GL Liab-Equity GL Re-Exp A Trial Bal IS & SEquity BalSht + Post Close TB CPU + 125% Home Insert Draw Page Layout Formulas Data Review View Tell me Share - Comments = = = Wrap Text 23. Ou 3 Insert Delete 1. Format Y Paste Merge & Center v Conditional Format Formatting as Tabla Cell Styles Sort & Filter Find & Selaci Ideas Sensitivity C11 X Hangan Yusuf Lenny's Lawn Service, Inc. - General Journal Page # 1 Account Name Posted Credit 2021 Month-Day 7-1 Account Number 100 250 Debit 35,000.00 Cash Notes Payable Borrowed on Note Payable 35,000.00 Directions Trans Chart Accis Journal GL Assets GL Liab-Equity AGL Rev-Exp Trial Bal IS & SEquity BalSht + Post Close TB E + 125% Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments ab Wrap Text w Insert Y-O 4 Delete v T Paste B Merge & Center Conditional Format Cell Formatting as Table Styles Find & SAIAct Sort & Fitter Ideas Sensitivity Format v C11 - Haraan Yusu! Lenny's Lawn Service, Inc. General Ledger CAUTION Enter amounts into the accounts by typing in the amounts. Account # 100 Cash Do NOT copy cells from the General Joumal into the accounts. Journal Page 2 Credit Balance 2021 Month-Day 7-1 7-1 Beginning Balance Debit 38,250.00 35,000.00 38,250.00 Dr 73,250.00 Dr 1 Account # 105 Accounts Receivable Journal Page Credit 2021 Month-Day 7-1 Beginning Balance Directions Trans Debit 33,500.00 Balance 33,500.00 Dr GL Liab-Equity A GL Rev-Exp Chart Accts A Journal GL Assets A Trial Bal A IS & SEquity BalSht + A Post Close TB FC + 125% Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments AA = = = ab Wrap Text Insert Speleto yuo 4 Paste BIU Merge & Center Ideas Conditional Format Cell Formatting as Table Styles Sort & Filter Sensitivity ... Format Find & Select 011 Account # 105 Accounts Receivable 2021 Month-Da Journal Page Credit Debit 33,500.00 Balance 33,500.00 D 7-1 Beginning Balance Account # 110 Supplies Journal Page Debit 2021 Month-Day 7-1 Credit Balance 4,375.00 DI Beginning Balance 4.375.00 Account # 150 Equipment Journal Page Debit Credit 2021 Month-Day - 7-1 Balance Beginning Balance 48,000.00 48,000.00 Dr Account # 155 Accumulated Depreciation Directions Trans Chart Accts Journal GL Assets AGL Liab-Equity A GL Rev Exp Trial Bal A IS & SEquity A BalSht A Post Close TB + 125% Home Insert Draw Page Layout Formulas Data Review View Tell me - Share Comments === V AA 29 Wrap Text Insert D Dalata v 27-O 4 Paste 1 Merge & Center % 9 Conditional Format Cell Formatting as Table Styles Sort & Filter Find & SAIRCT Ideas Format v Sensitivity C11 - X x Account # 150 Equipment Journal Page # Deblt Credit 2021 Month Day 7-1 Beginning Balance Balance 48,000.00 48,000.00 Dr Account # 155 Accumulated Depreciation Journal Page Debit Credit 2021 Month-Day 7-1 Balance Beginning Balance 18.000.00 18,000.00 C Directions Trans Chart Accts Journal GL Assets GL Lab-Equity GL Rev-Exp Trial Bal IS & SEquity BalSht Post Close TB + CPU + + 125% --- Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments 39. Wao Text - Insert v Arou 4 Y PASTA Merge & Center Delete Format Conditional Format Cell Formatting as Table Styles ICAS Sort Filter Find & Select Sensitivity C10 fy Lenny's Lawn Service, Inc. - General Ledger CAUTION Enter amounts in a the accounts by typing in the amounts Do NOT copy cells from the General Journal into the socounts Account w 200 Accounts Payable journal 2021 Month-Day Debit Credit Balance Page Beginning Balance 0.00 0.00 Cr Account 205 Wages Payable Journal Debit Credit Balance 2021 Morth Day 7.1 Heginning Balance Pess 0.00 0.00 Cr Account W 210 Interest Payable Journal Page Debit 2021 Month-Day Beginning Balance Credit Balance 0.00 Cr 0.00 Account # 215 Unearned Revenue 2021 Month-Day Journal Page Debit Balance Credit 8,000.00 Beginning Balance 8,000.00 Cr GL Llab-Equity A GL Rev-Exp Trial Bal IS & SEquity A BalSht A Post Close TB + 14% Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments = = Insert v ab Wrep Text Prou 5 5. Delete Paste === Marga & Center w IDAS Conditional Format Formatting as Table Styles Sort & Filter Sensitivity Format Find & Select 010 Account # 220 Dividends Payable Journal Page 1 Debit 2021 Butl Di 7.1 Balance Credit 0.001 Beginning Halance 0.00 C Accouny 250 Note Payable Journal Page Debit Credit Balance 2021 Month Duy 7.1 7-1 Beginning Halance 0.00 35,000.00 0.00 Cr 35,000.00 Cr 1 1 Account # 300 Common Stock Journal Pag Debit 2021 Month-Day 7-1 Credit Balance 50,000.00 C Beginning Balance 50,000.00 Account 305 Retained Earnings JATI Pag Debit Credit 2021 Wenth-Day 7.1 Balance Beginning Balance 48,125.00 48,125.00 C GL Liab-Equity GL Rcv-Exp A Trial Bal IS & SEquity A BalSht A Post Close TB + + 114% Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments C10 Lenny's Lawn Service, Inc. - General Ledger CAUTION Enter amounts mo the accounts by typing in the amounts Do NOT copy this from the General Journalists the com Account 400 Service Revenue 2021 Jeri Narty Para 1-1 Beginning Balance Debat Credit Balance 0.00 0.00 Nocount 500 Supplies Expense 2021 Nanny 7-1 Juni Para Credit Debit 0.CO Balance 0.000 Beginning since Nocount 505 Mower Repair Expense 2021 Debat Credit Balance 0.00 1-1 Beginning since 0.COM mocount a 310 Wages Expense 2021 JI Debat Credit Balance 0.000 7-1 Eeping Balance O.COM GL Liab-Equity GL Rev-Exp Trial Bal A IS & SEquity A BalSht A Post Close TB + # 90% Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments C10 1 Account # 510 Wages Expense Jormal Paya Debit Credit Balance 2021 Month-Day 7-1 Beginning BA ANG 0.00 0.000 Acount 515 Truck Rental Expense .bumal Dabit Credit 2021 Month-Day 7-1 Beginning Balance BalANCH 0.00 DE 0.00 Account N 520 Depreciation Expense bumal hige Debit Credit 2021 Month-Dey 7-1 Buyinning Baan Balance 0.00 0.00D Account # 550 Interest Expense bumal Puya Debit Credit 2021 Month-Day 7-1 Balance Beginning AA ANA 0.00 D.DDD GL Liab-Equity GL Rev.Exp A Trial Bal IS & SEquity BalSht A Post Close TB + # + 100% Insert Home - Draw Page Layout Formulas Data Review View Tell me Share Comments A A Wrap Text Insert - 2 47 0 4 wa Paste BI UW A Conditional Format Cell Formatting es Table Styles Merge & Center Delete Et Format Sort Filter Find & Select Ideas Sensitivity v E6 fx 4a12 Hanaan Yusut Lenny's - July 31, 2021 Pre-Closing Trial Balance Account Account Name Debit Credit CAUTION Enter amounts into the Pre-Closing Trial Balance by typing in the amounts. 100 105 Do NOT copy cells from the General Ledger. 110 150 155 200 205 210 215 220 250 Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Wages Payable Interest Payable Unearned Revenue Dividends Payable Note Payable Common Stock Retained Earnings Service Revenue Supplies Expense Mower Repair Expense Wages Expense Truck Rental Expense Depreciation Expense Interest Expense Totals 300 305 400 500 505 510 515 520 550 0.00 0.00 Directions Trans Chart Accts A Journal AGL Assets A GL Liab-Equity A GL Rev Exp Trial Bal A IS & SEquity A BalSht A Post Close TB + 125% Share Comments Insertv 3 ED 18. Ou 4 Y Delete Format ICAS Sort Filter Find & Select Sensitivity ' Home Insert Draw Page Layout Formulas Data Review --- View Tell me ~ APA 39 Wrap Text PASTA = Morge & Center Conditional Format Formatting as Table Styles D6 fx Herman Yusuf Lenny's Lawn Service, Inc. CAUTION Income Statement Enter amounts into the Financial Statements by typing in the amounts for the Month Ended July 31, 2021 DO NOT copy cells from the General Ledkyer or Pre-Closing Trial Balance Service Revenue Operating Expenses Note the new line item on Lenny's Income Statement Supplies Income from Operations. This is Lenny's income from Mower Repair the normal operations of the lawn mowing business. Wages Interest Expense, which is not a cost of operating the Truck Rental business but rather a cost of financing the business, is shown Depreciation below Income from Operations. Interest Expense is subtracted Total Operating Expenses 0.00 from Income from Operations to arrive at Net Income. Income from Operations 0.00 Interest Expense Net Income $0.00 This is the first time you have prepared a formal Statement of Stockholders' Equity for Lenny's. This statement shows what caused the change in Common Stock and in Retained Earnings Lenny's Lawn Service, Inc. frorri July 1, 2021 to July 31, 2021. Note that the Retained Earnings column on the statement looks different than the calculation you for the Month Ended July 31, 2021 have been doing each month to determine the Retained Earings amount needed for the Balance Sheet. Beginning Balance is the Common Retained starting amount. In previous Retained Earnings calculations, you Stock Eaminas Total used Current Balance as the starting amount. Beginning Balance Beginning Balance July 1, 2021 $0.00 is the starting point for this calculation, because Dividends is shown Issue Common Stock 0.00 as a line item (a deduction) in the Retained Earnings column. Net Income 0.00 Dividends 0.00 The Ending Balance in the Retained Earnings column is the balance Ending Balance July 31, 2021 $0.00 $0.00 $0.00 needed for the Balance Sheet. Directions Trans Chart Accts A Journal AGL Assets A GL Liab-Equity AGL Rov-Exp Trial Bal IS & SEquity BalSht A Post Close TB + 125% ? Share Comments E Insert Delete 279 4 v Conditional Format Cell Formatting as Table Styles Sort & F ter Find & Salect Ideas Sensitivity Format . Home Insert Draw Page Layout Formulas Data Review View Tell me ( + ab Wrap Text Paste Merge & Center Sv D9 Hangan Yusuf Lenny's Lawn Service, Inc. Balance Sheet Enter amounts into the Balance Sheet by typing in the amounts. as of July 31, 2021 Assets Cument Assets Cash Accounts Receivable Supplies Total Current Assets 0.00 Property & Equipment: Equipment Accurrulated Depreciation Property & Equipment, net Total Assets 0.00 $0.00 Note the following three new sub-lolals appearing on Lenny's Balance Sheet: Total Current Assets is a total of those assets, which will turn-into cash during the next 12 months or be consumed during the next 12 months. The comparison of Total Current Assets to Total Current Liabilities gives some indication of Lenny's liquidity - that is, its ability to pay its bills in the short-term. Property & Equipment, net is the amount of Fixed Asset cost, which remains to be depreciated in future accounting periods. Total Current Liabilities is a total of those liabilities that will require payment in the next 12 months. In the case of Uneamed Revenue, this current liability will be paid-off by Lenny's delivering mowing services to the university. 0.00 Liabilities & Stockholders' Equity Current Liabilities: Accounts Payable Wages Payable Interest Payable Uneamed Revenue Total Current Liabilities Long-Term Liabilities: Note Payable Total Liabilities Stockholders' Equity: Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities & Stockholders' Equity 0.00 0.00 $0.00 $ Directions Trans Charl Acals Journal GL Als GL Liabs-Equily GL Rev-Exp Trial Bal IS & SEquily A BalSht Post Close TB ICO W + + 125% Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments ( A A = = = at Wrap Text Insert v Deletew Format 27-O 4 Paste Merge & Center Conditional Format Cell Formatting as Table Styles Sort & Filter Find & Select Ideas Sensitivity E6 - Hanan Yusul Lenny's - July 31, 2021 Post-Closing Trial Balance Account Account Name Debit Credit CAUTION Enter amounts into the Post-Closing Trial Balance by typing in the amounts. Do NOT copy cells from the General Ledger, 100 105 110 150 155 200 205 210 215 220 250 Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Wages Payable Interest Payable Unearned Revenue Dividends Payable Note Payable Common Stock Retained Earnings Service Ravenue Supplies Expense Mower Repair Expense Wages Expense Truck Rental Expense Depreciation Expense Interest Expense Totals 30 305 400 500 505 510 515 520 550 0.00 0.00 V. Directions Trans Chart Accts Journal AGL Assets AGL Liab-Equity AGL Rev Exp Trial Bal A IS & SEquity A Balsht Post Close TB HHH + 125%