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ACR 4.1 Jaden LI opened Kleene Window Washing on July 1, 2020. During July, the following transactions were completed. July Shareholders invested NT$ 12,000 cash in the business in exchange for ordinary shares Purchased used truck for NT$8,000 paying NT$ 2,000 cash and the balance on account 3 Purchased cleaning supplies for NT$ 900 on account. 5 Paid NT$ 1.800 cash on 1-year insurance policy effective July 1 12 Billed customers NT$ 3.700 for cleaning services performed Paid NT$ 1,000 cash on amount owed on the truck and NT$ 500 on amount owed on cleaning supplies. 20 Paid NT$ 2,000 cash for employee salaries 21 Collected NT$ 1,600 cash from customers billed on July 12. 25 Billed customers NT$ 2,500 for cleaning services performed 31 Paid NT$ 290 for maintenance of the truck during month. 31 Declared and paid a NT$ 600 cash The chart of accounts for Kleene window washing contains the following accounts: Cash, Accounts Receivables, Supplies, Prepaid Insurance, Equipment, Accumulated Depreciation- Equipment, Accounts Payable, Salaries and Wages Payable, Share Capital-Ordinary Retained Earnings, Dividends, Income Summary, Service Revenue, Maintenance and Repair expense, Supplies expense, Depreciation expense, Insurance Expense, and Salaries and Wages expense Instruction a Journalize the July transactions. b Post to the leger accounts. (use T-accounts) C Prepare a trial balance at July 31. d Journalize the follwing adjustments. 1 Services performed but unbilled and uncollected at July 31 were NT$ 1,700 2 Depreciation on equipment for the month was NT$180. 3 One-twelfth of the insurance expired. 4 A count shows NT$ 320 of cleaning supplies on hand at July 31. 5 Accrued but unpaid emplyee salaries were NT$ 400. Post adjusting entries to the T-accounts. 1 Prepare an adjusted trial balance. Prepare the income statement and a retained earnings statement for July and a classified statement of financial position at July 31 h Journalize and post closing entries and complete the closing process. Prepare a post-closing trial balance at July 31