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please help with all parts a-g P4.5A ( LO 1, 2) AP Lee Chang opened Lee's Window Washing on July 1, 2021. In July, the

please help with all parts a-g image text in transcribed
P4.5A ( LO 1, 2) AP Lee Chang opened Lee's Window Washing on July 1, 2021. In July, the following transactions were completed: July 1 Invested $20,000 cash in the business. 1 Purchased a used truck for $25,000, paying $5,000 cash and signing a note payable for the balance. 1 Paid $2,800 on a one-year insurance policy, effective July 1. Billed customers $3,300 for cleaning services. Purchased supplies for $2,100 on account. Paid $3,000 for employee salaries. Billed customers $8,900 for cleaning services. Collected $3,300 from customers billed on July 5 . 31 Paid $550 for repairs on the truck. 31 Withdrew $2,600 cash for personal use. Instructions a. Journalize and post the July transactions to the general ledger. b. Prepare a trial balance at July 31 . c. Journalize and post the following July 31 adjustments: 1. Services of $1,500 were provided but remained unbilled and uncollected at July 31 . 2. The truck has an estimated useful life of five years. 3. One twelfth of the insurance expired. 4. An inventory count shows $700 of supplies on hand at July 31 . 5. Accrued but unpaid employee salaries were $800. 6. The note payable has a 5.5% annual interest rate. d. Prepare an adjusted trial balance. e. Prepare the income statement and statement of owner's equity for July, and a classified balance sheet at July 31,2021 . Of the note payable, $5,000 must be paid by June 30,2022. f. Journalize and post the closing entries. g. Prepare a post-closing trial balance at July 31

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