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On July 31, 20X1, after one month of operation, the general ledger of Dakota Consulting contained the following accounts and balances. The firm adjusts losses

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On July 31, 20X1, after one month of operation, the general ledger of Dakota Consulting contained the following accounts and balances. The firm adjusts losses from uncollectible accounts only at the end of the fiscal year. Monthly adjustments are listed below. Adjustaents: (a) On July 31, an inventory of the supplies shoved that iteas costing $439 were on hand. (b) On July 1, the firm paid $5,700 in advance for 6 months rent. (c) On July 1, the firm paid $510 interest in advance on a 3 -nonth note that it issued to the bank. (d) On July 2, the firm purchased office equipment for $15,000. The office equipment is expected to have a useful 1 Ife of 5 years and a salvage value of $1,500. (e) On July 2 , the firm issued a 3-month, 6 percent note for $5,800. (f) During July, the firm received 580 from customers in advance of providing services. An analyze of the firm's records shows that the full anount applies to services provided in July. Prepare the Trial Balance, Adjustments, and Adjusted Trial Balance sections of a worksheet. Prepare the Trial Balance, Adjustments, and Adjusted Trial Balance sections of a worksheet. On July 31, 20X1, after one month of operation, the general ledger of Dakota Consulting contained the following accounts and balances. The firm adjusts losses from uncollectible accounts only at the end of the fiscal year. Monthly adjustments are listed below. Adjustaents: (a) On July 31, an inventory of the supplies shoved that iteas costing $439 were on hand. (b) On July 1, the firm paid $5,700 in advance for 6 months rent. (c) On July 1, the firm paid $510 interest in advance on a 3 -nonth note that it issued to the bank. (d) On July 2, the firm purchased office equipment for $15,000. The office equipment is expected to have a useful 1 Ife of 5 years and a salvage value of $1,500. (e) On July 2 , the firm issued a 3-month, 6 percent note for $5,800. (f) During July, the firm received 580 from customers in advance of providing services. An analyze of the firm's records shows that the full anount applies to services provided in July. Prepare the Trial Balance, Adjustments, and Adjusted Trial Balance sections of a worksheet. Prepare the Trial Balance, Adjustments, and Adjusted Trial Balance sections of a worksheet

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