On July 1. 2023. Amy Young created a new self-storage business called Young Co. These events occurred during the company's flrst month: 1. Set up each of the listed accounts. Note: Your instructor will tell you to use either the balance column format or T-accounts. 2. Prepare journal entries to record the transactions for July and post them to the accounts. Record prepaid and unearned items in balance sheet accounts. 3. Use the following information to journalize and post the adjustments for the month: a. Two-thirds of one month's insurance coverage was used. b. $3,100 of office supplies were on hand at the end of the month. c. Depreciation on the buildings was estimated to be $2,400 per month. d. The employee had earned $360 of unpaid and unrecorded salary. e. The company had earned $1,900 of storage revenue that had not yet been billed. 4. Prepare an income statement, a statement of changes in equity, and a classifled balance sheet. 5. Prepare journal entries to close the temporary accounts and post them to the accounts. 6. Prepare a post-closing trial balance