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Please fill out General Ledger ( Must be in T-Accounts) for the information below. I have attached a template on top. Julie Molony opened Julie's

Please fill out General Ledger ( Must be in T-Accounts) for the information below. I have attached a template on top.image text in transcribed

Julie Molony opened Julie's Maids Cleaning Service Inc. on July 1, 2011. During July the company completed the following transactions.

July 1 - Stockholders invested $14,00 cash in the business in exchange for common stock

July 1- Purchased a used truck for $10,000, paying $3, 000 cash and te blaance on acccount.

July 3 - Puchased cleaning supplies for $800 on account.

July 5 - Paid $1,800 on a one-year insurance policy, effective July 1.

July 12- Billed customers $3,800 for cleaning services

July 18 - Paid $1,000 of amount owed on truckm and $400 of amount owed on cleaning supplies.

July 20 - Paid $1,600 for employee salaries.

July 21 - Collected $1,400 from custers billed on July 12

July 25 - Billed customers $1,500 for cleaning services,

July 31 - Paid gas and oil for the month on the truck, $400.

July 31 - Declared and paid a $600 cash dividend.

Adjusted Transactions

A) Earned but unbilled feels at July 31 were $1,300

B) Depeciation on equipment for the month was $200

C) One-twelfth of the insurance expired.

D) An inventory count shows $100 of cleanint supplies on hand at July 31.

E) Accrued but unpaid employee salaries were $500.

Post the journal entries to a: GENERALLEDGER

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