On July 1, Lula Plume created a new self-storage business, Self-Storage Co. The following transactions occurred during the companys 1^st month of operations.

July	1	Plume invested $30,000 cash and building worth $130,000 in the company
	2	The Company purchased equipment costing $25,000 on credit
	5	The Company purchased $2,100 of office supplies for cash
	10	The company paid $7,200 cash for the premium on a 12 month insurance policy
		Coverage began on July 11.
	14	The Company paid an employee $1,500 for two week's salary earned
	15	The Company collected $10,000 cash for storage fees from customers
	20	The Company billed a company $1,500 for a new rental.
	22	The Company paid a 12,000 to settle a portion of the equipment purchased in 2
	30	The company paid $950 for this month's telephone bill
	31	Plume withdrew $2,700 cash for personal use

		Required
1		Prepare journal entries to record the transactions for July and post them to the ledger accounts (i.e. T-accounts)
2		Prepare the 10-step worksheet taking into consideration the adjustments below.
	a		Prepaid insurance of $500 has expired this month
	b		At the end of the month $1,525 of office supplies are still available
	c		The month's depreciation on building was $1,500 and on the equipment was 500
	d		An employee earned $200 of unpaid and unrecorded salary as of month end
	e		The Company earned $1,150 of storage fees that are not yet billed as of month-end
3		Prepare journal entries for the adjustments above
4		Prepare journal entries to close the temporary accounts.
5		Prepare a post-closing trial balance