Please help me! Im not sure why the trial balance isnt equal or if i did it right. Also Idk how to fill out the Income statement and balance sheet. I have like an hour please help

Date Description of the Transaction July 1 Borrow $35,000.00 from 1st Bank by signing a 24 month note. (As an example of how to journalize and post a transaction - this transaction has already been entered into the General Journal and posted to the General Ledger.) July 1 Receive $73,600.00 cash from new investors, and issue $73,600.00 of Common Stock to them July 1 Purchase $58,200.00 of new mowing equipment, paying cash to the mower dealer. July 1 Pay $500.00 cash for the July truck rental July 3 Invoice a new customer $6,855.00 for a completed mowing job - customer will pay in 10 days. July 5 The Board of Directors declares a cash dividend. The total amount of the dividend is $30,000.00 The Dtof Record is set as July 15. The Date of Payment is set as July 31. July 7 Pay the employees $5.900.00 for work perfomed during the 1st week of July. July 10 Complete a mowing job for a new customer-customer pays $4,250.00 cash for the job. July 12 Collect $3,500.00 cash from the golf course for special rush mowing job completed on May 31 July 14 Pay the employees $7,100.00 for work performed during the 2nd week of July July 15 Purchase $1,825.00 of supplies from the mower dealer. The supplies are consumed immediately. Lenny's will pay the mower dealer for the supplies in about 2 weeks. July 15 Collect $6,855.00 on account. The cash that is received is from the new customer for the job that was completed on July 3. July 17 One of the original mowers purchased in January of 2020 broke down and is repaired by the mower dealer. The cost of the Mower Repair job is $940.00. Lenny's will pay the mower dealer in 30 days. July 19 Purchase for cash $26,950.00 of supplies. These supplies will be consumed over the next 12 months. July 20 Collect $30,000.00 from the property management company for work performed in June. July 21 Pay the employees $7,500.00 for work perfomed during the 3rd week of July. July 23 Receive a $25,275.00 advance payment from the university. The advance payment is for 6 months of work which will be performed from August 1, 2021 to January 31, 2022. July 25 Complete a special mowing job for the golf course. The total price for the mowing job is $6,100.00 The golf course pays $1,000.00 cash on this date and will pay the remainder on August 25 July 27 Complete a mowing job for a new customer - customer pays $3,725,00 cash for the job. DO O 19 jo Tormer gol course. The total pricu Tor UTU TOIT JUS 30, TO0.00. The golf course pays $1,000.00 cash on this date and will pay the remainder on August 25. July 27 Complete a mowing job for a new customer - customer pays $3,725.00 cash for the job. July 27 Pay S1,825.00 cash to the mower dealer for the supplies purchased on account on July 15. July 28 Pay the employees $6,890.00 for work performed during the 4th week of July. July 31 Invoice the property management company $23,500.00 for July mowing work. The property management company will pay the invoice on the 20th of next month. July 31 Pay the cash dividend which was declared on July 5. Additional Information Equipment: The $48,000.00 beginning balance in the Equipment account relates to the mowing equipment which was purchased on January 2, 2020. For information related to this mowing equipment see Page 70 in the Solid Footing text (PDF 07 - Intro to Adjusting Entries) This equipment continues to be used and should be depreciated for the month of July. The following information relates to the new equipment which was purchased on July 1, 2021: The new equipment was placed into service on July 1, 2021 and should be depreciated for the month of July - The estimated useful life of the new equipment is 5 years, At the end of 5 years, the new equipment will have no future value and will be scrapped. The new equipment will be depreciated using the straight-line method. Supplies: At the end of July there are $28,180.00 supplies on-hand. Mowing Service at the University: The monthly mowing service was provided to the university per the contract signed on April 1, 2021 For information on the contract with the university and the related advance payment, see Pages 95 and 98 in the Solid Footing text (PDF 08 - Adjusting Entries Continued), Wages Due the Employees: The last wage payment was made to the employees on July 28, 2021. The employees worked on July 29, 30, and 31. For those three days of work the employees eamed $2.170.00 of wages. These three days of wages will be paid to the workers during the first week of August Bank Loan: The interest on the loan from 1st Bank will be paid every three months. The first interest payment to the bank will be made on September 30, 2021. Lenny's calls the bank on July 31 and the bank indicates that the interest on the loan for July is $690.00 Account # Account Name 100 105 110 150 155 200 205 210 215 220 250 Assets: Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Liabilities: Accounts Payable Wages Payable Interest Payable Unearned Revenue Dividends Payable Note Payable Equity: Common Stock Retained Earnings Revenues: Service Revenue Expenses: Supplies Expense Mower Repair Expense Wages Expense Truck Rental Expense Depreciation Expense Interest Expense 300 305 400 500 505 510 515 520 550 Account Name 2021 Month-Day 7-1 Posted Debit Credit Account Number 100 250 35,000.00 Cash Notes Payable Borrowed on Note Payable 35,000.00 7-1 100 300 73,600.00 Cash Common Stock Issue New Shares xx 73,600.00! 7-1 150 100 Equipment Cash Purchase of Equipmet 58,200.00 xx 58,200.00 7-1 515 500.00 100 Truck Rental Expense Cash Truck Rental Expense paid 500.00 7-3 105 400 6,855.00 Accounts Receivable Service Revenue Sales recorded X X 6,855.00 7-5 305 220 Retained earnings Dividends payable Dividend Declared XX 30,000.00 30,000.00 7-7 510 100 Wages Expense Cash Pald Employees Salary 5,900.00 x x 5,900.00 7-10 100 Cash 4,250.00 Dination fx 73600 100 Cash Paid Employees Salary 5,900.00 7-10 100 X 4,250.00 Cash Service Revenue Cash Sales Recorded 400 4,250.00 7-12 100 105 3,500.00 Cash Accounts Receivable Cash collected from Customer x x 3,500.00 7-14 510 Wages Expense 7,100.00 Lenny's Lawn Service, Inc. General Journal Page # 2 2021 Month-Day Account Number 100 Posted Debit Credit Account Name Cash Employees salary paid 7,100.00 7-15 110 200 Supplies Accounts Payable Supplies Purchased and Consumed xx 1,825.00 1,825.00 7-15 100 6,855.00 105 Cash Accounts Receivable Cash collected from Customer 6,855.00 7-17 505 200 Mower Repair Expense Accounts Payable Mower Repair Expense booked 940.00 940.00 Directions Trans Chart Accts Journal GL Assets GL Lab Equity Mower Repair Expense booked 7-19 110 26,950.00 Supplies Cash Supplies consumed from next month X X 100 26,950.00 7-20 100 400 30,000.00 Cash Service Revenue Cash collected from Customer X X 30,000.00 7-21 510 100 Wages Expense Cash Employees Salary paid xx 7,500.00 7,500.00 7-23 100 X X 25,375.00 + Cash Unearned Revenue Advanced Payment received from Customer 215 25,275.00 7-25 100 105 400 Cash Accounts Receivable Service Revenue Sales Recorded X X X 1,000.00 5,100.00 6,100.00 7-27 100 Cash 3,725.00 Lenny's Lawn Service, Inc. General Journal Page # 3 2021 Month Day Account Name Posted Account Number 400 Debit Credit Service Revenue Cash Sales recorded 3,725.00 400 Service Revenue Cash Sales recorded 3,725.0 7-27 200 100 Accounts Payable Cash Payment made for supplies 1,825.00 xx 1,825.00 7-28 510 6,890.00 100 Wages Expense Cash Employees Salary paid 6,890.00 7-31 105 400 23,500.00 Accounts Receivable Service Revenue Sales recorded + xx 23,500.00 7-31 220 100 Dividends Payable Cash Dividends declared was paid 30,000.00 X X 30,000.00 7-31 520 155 Depreciation Expense Accumulated Depreciation Depreciation adjustment for July 1,000.00 1,000.00 7-31 500 110 Supplies Expense Supplies Adjust supplies to July 31 on-hand bal X X 28,180.00 28,180.00 7-31 215 400 Unearned Revenue Service revenue Mowing service was provided per April 1 cont xx 8,000.00 8,000.00 7.21 Een 3 Depreciauon adjustment for July 7-31 500 28,180.00 Supplies Expense Supplies Adjust supplies to July 31 on-hand bal X X 110 28,180.00 7-31 215 8,000.00 Uneared Revenue Service revenue Mowing service was provided per April 1 con 400 8,000.00 7-31 2,170.00 510 205 Wages Expense Wages Payable Adjust for July 29, 30, 31 Unpaid Wages 2,170.00 7-31 550 210 690.00 Interest Expense Interest Payable 690.00 Lenny's Lawn Service, Inc. General Journal Pago #4 2021 Month-Day Account Number Posted Debit Credit Account Name Adjusting entry for interest due for July Journal Debit Page # Credit Balance 1 38,250.000 35,000.00 73,600.00 1 1 1 58,200.00 500.00 5,900.00 1 1 2021 onth-Day 7-1 Beginning Balance 7-1 7-1 7-1 7-1 7-7 7-10 7-12 7-14 7-15 7-19 7-20 7-21 7-23 7-25 7-27 7-27 7-28 7-31 4,250.00 3,500.00 1 1 7,100.00 2 6,855.00 38,250.00 Dr 73,250.00 Dr 146,850.00 Dr 88,650.00 Dr 88,150.00 Dr 82,250.00 Dr 86,500.00 Dr 90,000.00 Dr 82,900.00 Dr 89,755.00 Dr 62,805.00 Dr 92,805.00 Dr 85,705.00 Dr 111,080.00 Dr 112,080.00 Dr 115,805.00 Dr 113,980.00 Dr 107,090.00 Dr 77,090.00 Dr 2 26,950.00 2 30,000.00 2 7,100.00 2 2 25,375.00 1,000.00 3,725.00 3 3 3 3 1.825.00 6,890.00 30,000.00 Ex V x 3 Account # 105 Accounts Receivable Journal Page # Debit Credit Balance Beginning Balance 2021 Month-Day 7-1 7-3 7-12 7-15 7-25 7-31 33,500.00 6,855.00 1 1 NN 3,500.00 6,855.00 33,500.00 Dr 40,355.00 Dr 36,855.00 DI 30,000.00 Dr 35,100.00 Dr 58,600.00 Dr 5,100.00 23,500.00 3 Account # 110 Supplies Journal Page # Debit Credit Balance 2021 Month-Day 7-1 7-15 7-19 7-31 Beginning Balance 2 2 3 4,375.00 1,825.00 26,950.00 4,375.00 Dr 6,200.00 Dr 33,150.00 Dr 4,970.00 Dr 28,180.00 Account # 150 Equipment 2021 Month-Day 7-1 7-1 Journal Page 3 Credit Beginning Balance Debit 48,000.00 58,200.00 Balance 48,000.00 Dr 106,200.00 Dr 1 Directions Trans Chart Accts A Journal GL Assets GL Liab-Equity ady GL Rev-Exp Account # 150 Equipment Journal Page # Debit Credit 2021 Month-Day 7-1 7-1 Balance Beginning Balance 1 48,000.00 58,200.00 48,000.00 Dr 106,200.00 Dr Account # 155 Accumulated Depreciation 2021 Month-Day Journal Page Debit Credit Balance 7-1 Beginning Balance 7-31 3 18,000.00 1,000.00 18,000.00 CE 19,000.00 Cr Account # 200 Accounts Payable Journal Pago # Debit Credit Balance Beginning Balance 2021 Month-Day 7-1 7-15 7-17 7-27 2 0.00 1,825.00 940.00 2 0.00 Cr 1,825.00 Cr 2,765.00 Cr 940.00 Cr 3 1,825.00 Account # 205 Wages Payable 2021 Month-Day 7-1 7-31 Journal Page 1 Debit Credit Balance Beginning Balance 3 0.00 2,170.00 0.00 Cr 2,170.00 Cr Account # 210 Interest Payable 2021 Monday 7-1 7-31 Journal Page Debit Credit Beginning Balance Balance 3 0.00 690.00 0.00 Cr 690.00C Account # 215 Unearned Revenue Journal Pages Debit Credit 2021 Month-Day 7-1 7-23 7-31 Beginning Balance Balance 2 8,000.00 25,275.00 8,000.00 8,000.00 Cr 33,275.00C 41.275.00 Cr 3 Account # 220 Dividends Payable Journal Page Debit 2021 Monday 7.1 Beginning Balance 7.5 7.31 Credit 0.00 30,000.00 + 3 Balance 0.00 Cr 30,000.00 C 0.00 C 30,000.00 Account # 220 Dividends Payable 2021 Month-Day Journal Page 1 Debit Credit Balance 7-1 Beginning Balance 7-5 7-31 1 3 0.00 30,000.00 0.00 Cr 30,000.00 cm 0.00 Cr 30,000.00 Account # 250 Note Payable 2021 Month Day 7.1 7-1 Journal Page 1 Debit Credit Balance Beginning Balance 0.00 35,000.00 0.00 Cr 35,000.00 Cr Account # 300 Common Stock 2021 Month-Day 7-1 Beginning Balance 7-1 Journal Page 1 Debit Credit Balance 50,000.00 73,600.00 50,000.00 Cr 123,600.00 Cr Account 305 Retained Earnings 2021 Montay 7-1 7-5 Journal Page Debit Beginning Balance Credit Balance 48.125.00 30,000.00 48,125.00 C 18.125.00 Cr Account # 400 Service Revenue Do NC Jouma Joumal Page Debit Credit Balance Beginning Balance 2021 Month-Day 7-1 7-3 7-10 7-20 7-25 7-27 7-31 7-31 0.00 6,855.00 4,250.00 30,000.00 6,100.00 3,725.00 23,500.00 8,000.00 0.00 Cr 6,855.00 Cr 11,105.00 Cr 41,105.00 Cr 47,205.00 Cr 50,930.00 Cr 74,430.00 Cr 82.430.00 Cr Account 500 Supplies Expense Joumal Page Debit 2021 Monthey 7-1 7-31 Credit Beginning Balance 0.00 28,180.00 Balance 0.00 Dr 28,180.00 Dr 3 Account 505 Mower Repair Expense 2021 Juma Debit Credit 7-1 7-17 Beginning Balance Balance 0.00 Dr 940.00 Dr 0.00 940.00 2 Account 510 Wages Expense 2021 Dobit Credit Begiring Balance 7.1 7-7 7.14 7-21 7.20 1-30 1 2 0.00 5,900.00 7.100.00 7,500.00 6,890.00 2. 170.00 Balance 0.00 Or 5,900.00 D 13,000.00 DA 20,500.00 DE 27 390,00 DI 29,580.00 Or 3 Directions Account # 515 Truck Rental Expense 2021 Month-Dey Beginning Balance 7-1 Joumal Page 2 Dobit Credit Balance 7-1 1 0.00 500.00 0.00 Dr 500.00 Dr Account # 520 Depreciation Expense 2021 Month-Day 7-1 7-31 Joumal Pages Debit Credit Balance Beginning Balance 3 0.00 1,000.00 0.00 Dr 1,000.00 Dr Account # 550 Interest Expense 2021 Month-Day 7-1 7-31 Jouma Page Debit Credit Beginning Balance Balance 0.00 Dr 690.00 Dr 0.00 690.00 3 Tiya Patel Lenny's - July 31, 2021 Pre-Closing Trial Balance _ccount # Account Name Debit Credit 77,090.00 58,600.00 4,970.00 106,200.00 100 105 110 150 155 200 205 210 215 220 250 300 305 400 500 505 510 515 520 550 Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Wages Payable Interest Payable Uneamed Revenue Dividends Payable Note Payable Common Stock Retained Earnings Service Revenue Supplies Expense Mower Repair Expense Wages Expense Truck Rental Expense Depreciation Expense Interest Expense Totals 19,000.00 940.00 2,170.00 690.00 41,275.00 + 0.00 35,000.00 123,600.00 18,125.00 82,430.00 28,180.00 940.00 29,560.00 500.00 1,000.00 690.00 307,730.00 323,230.00 Lenny's Lawn Service, Inc. Income Statement for the Month Ended July 31, 2021 CAUTION Enter amounts into the Financial Statements by typing in the amou Do NOT copy cells from the General Ledger or Pre-Closing Trial Ba Service Revenue Operating Expenses: Supplies Expense Mower Repair Expense Wages Expense Truck Rental Expense Depreciation Expense Total Operating Expenses Income from Operations Interest Expense Net Income (Loss) Note the new line item on Lenny's Income Statement Income from Operations. This is Lenny's income fror the normal operations of the lawn mowing business, Interest Expense, which is not a cost of operating the business but rather a cost of financing the business, is s below Income from Operations. Interest Expense is subt from Income from Operations to arrive at Net Income. 0.00 0.00 $0.00 Lenny's Lawn Service, Inc. Statement of Stockholders' Equity for the Month Ended July 31, 2021 This is the first time you have prepared Stockholders' Equity for Lenny's. This caused the change in Common Stock ar from July 1, 2021 to July 31, 2021. Note column on the statement looks different have been doing each month to determine amount needed for the Balance Sheet. B starting amount. In previous Retained Ea used Current Balance as the starting amou is the starting point for this calculation, bec as a line item (a deduction) in the Retained Common Stock Retained Earnings Beginning Balance July 1, 2021 Issue Common Stock Net Income (Loss) Dividends Ending Balance July 31, 2021 Total $0.00 0.00 0.00 0.00 $0.00 $0.00 $0.00 The Ending Balance in the Retained Eamin needed for the Balance Sheet Lenny's Lawn Service, Inc. Balance Sheet as of July 31, 2021 Assets 0.09 Current Assets: Cash Accounts Receivable Supplies Total Current Assets Property & Equipment: Equipment Accumulated Depreciation Property & Equipment, net Total Assets 0.00 $0.00 + Liabilities & Stockholders' Equity Current Liabilities: Accounts Payable Wages Payable Interest Payable Uneamed Revenue Total Current Liabilities Long-Term Liabilities: Note Payable Total Liabilities Stockholders' Equity: Common Stock Retained Eamings Total Stockholders' Equity Total Liabilities & Stockholders' Equity 0.00 0.00 0.00 $0.00 Lenny's - July 31, 2021 Post-Closing Trial Balance account # Account Name Debit Credit 100 105 110 150 155 200 205 210 215 220 250 300 305 400 500 505 510 515 520 550 Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Wages Payable Interest Payable Uneamed Revenue Dividends Payable Note Payable Common Stock Retained Earings Service Revenue Supplies Expense Mower Repair Expense Wages Expense Truck Rental Expense Depreciation Expense Interest Expense Totals 0.00 0.00