On July, 2015, Luna Plume created a new self- storage business, Safe Storage Co. The following transactions occurred during the company's first month. 1) July 1. Plume invested $30,000 cash and bulldings worth $150,000 in the company to exchange the odinary shares. 2) July 2 . The company rented equipment by paying $2,000 cash for the first month's (july) rent. 3) July 5. The company purchased $2,400 of office supplies for cash. 4) July 10. The company paid $7,200 cash for the premium on a 12-month insurance policy. Coverage begins on July 11. 5) July 14. The company paid an employees $1,000 cash for two weeks' salary earned 6) July 24. The company collected $9,800 cash for storage fees from customers. 7) July 28. The company paid $1,000 cash for two weeks' salary earned by an employee. 8) July 29. The company pald $950 cash for minor repairs to a leaking roof. 9) July 30. The company paid $400 cash for this month telephone bili. 10) July 31. Dividend paid $2,000 to sharehoiders. Required: 1. Prepare journal entries to record the transactions for July and post them to the ledger accounts (T accounts). 2. Prepare and complete 10-column of work sheet for the month ended 31 of July, starting with the unadjusted trial balance and including the adjustments based on these additional facts: 1. Two-thirds of month's insurance coverage has expired. 11. At the end of the month. $1,525 of office supplies are still avallable III. This month's depreciation on the bulidings is $1,500 Iv. An employee earned $100 of unpaid and unrecorded salary as of month-end. v. The company eamed $1,150 of storage fees that are not yet bullded at month-end. 3. Prepare joumal entries to record the closing transactions and complete 10-column of the work sheet for the month ended 31 of July. 4. Prepare the statement of financial position as at 31 of July of the company