On Jun 30, 2022, the end of its most recent fiscal year, Peterson Advertising's post-closing trial balance was as follows: Debit Credit ------------------------------------------------------------------------------------------------ Cash $22,612 Accounts receivable 2,950 Supplies 7,538 Accounts payable $2,300 Unearned service revenue 1,200 Common stock 6,300 Retained earnings 23,300 ---------- ---------- Total $33,100 $33,100 The company underwent a major expansion in Jul. New staff was hired and more financing was obtained. Peterson Advertising conducted the following transactions during Jul 2022, and adjusts its accounts monthly. Jul 01 Purchased equipment, paying $6,180 cash and signing a 2-year note payable for $19,720. The equipment has a 7-year useful life. The note has a 7% interest rate, with interest payable on the first day of each following month. Jul 02 Issued 21,000 shares of common stock for $52,500 cash. Jul 03 Paid $4,950 cash for a 12-month insurance policy effective Jul 01. Jul 10 Collected $1,950 cash on account from Alchemax. This client was billed in June when Peterson Advertising performed the service. Jul 14 Paid $1,400 cash for a utility bill. This was related to June utilities that were accrued at the end of June. Jul 20 Performed services worth $22,900 on account and billed customers. Adjustment data: 1. Adjustment of prepaid insurance. 2. Equipment depreciation, $308 per month. 3. Accrual of interest on note payable. 4. Estimated utilities expense for July, $1,650 (invoice will be received next month). 5. Income tax for July, $3,750 will be paid next month. The chart of accounts for Peterson Advertising contains the following accounts: Cash, Accounts Receivable, Supplies, Prepaid Insurance, Prepaid Rent, Equipment, Accumulated Depreciation Equipment, Accounts Payable, Notes Payable, Interest Payable, Income Taxes Payable, Salaries and Wages Payable, Unearned Service Revenue, Common Stock, Retained Earnings, Income Summary,

Service Revenue, Supplies Expense, Depreciation Expense, Insurance Expense, Salaries and Wages Expense, Advertising Expense, Income Tax Expense, Interest Expense, Rent Expense, and Utilities Expense. Instructions Part1. Journalize the July transactions (including adjusting entries).

For now I just need help journalizing these transactions, including the dates, account titles, and if debit or credit thank you!!!