please write the answer as if you are filling in the boxes itself simply. please fill in the red areas

what info do you need?

Click to come the Daten-ellek to s t recent fiscal year, Flounder Computer Consultants post-closing trial balance was as follows: Debit Credit Accounts receivable Supplies $4,390 1,010 500 Accounts payable Unearned service revenue $340 940 3.000 Common stock Retained earnings 1.700 $5.900 $5,000 The company underwent a major expansion in July. New staff was hired and more financing was obtained. Flounder conducted the following transactions during July 2017, and adjusts its accounts monthly July 1 Purchased equipment, paying $3,600 cash and signing a 2-year note payable for $16,800. The equipment has a 4-year useful life. The note has a 6% Interest rate which is payable on the first day of each following month. 2 Issued 16,800 shares of common stock for $42,000 cash 3 Paid $3,000 cash for a 12-month Insurance policy effective July 1 3 Paid the first 2 July and August 2017) months' rent for an annual lease of office space for $3,400 per month 6 Paid $3.200 for supplies. 9 Visited client offices and agreed on the terms of a consulting project. Flounder will bill the client, Connor Productions, on the 20th of each month for services performed 10 Collected $1,010 cash on account from Milani Brothers. This client was billed in June when Flounder performed the service. 13 Performed services for Fitzgerald Enterprises. This client paid $940 in advance last month. All services relating to this payment are now completed. 14 Paid $340 cash for a utility bil. This related to June utilities that were accrued at the end of June. 16 Met with a new cient, Thunder Bay Technologies. Received $10,100 cash in advance for future services to be performed 18 Pald semi-monthly salaries for $9,200. 20 Performed services worth $23.500 on account and billed customers. monthly July 1 Purchased equipment, paying $3,600 cash and signing a 2-year note payable for $16,000. The equipment has a 4-year useful life. The note has a 6% interest rate which is payable on the first day of each following month 2 Issued 16,800 shares of common stock for $42,000 cash 3 Paid $3,000 cash for a 12 month insurance policy effective July 1. 3 Paid the first 2 July and August 2017) months' rent for an annual lease of office space for $3.400 per month 6 Paid $3.200 for supplies 9 Visited client offices and agreed on the terms of a consulting project. Flounder will be the client, Connor Productions, on the 20th of each month for services performed. 10 Collected $1,010 cash on account from Milani Brothers. This client was billed in June when Flounder performed the service. 13 Performed services for Fitzgerald Enterprises. This client paid $940 in advance last month. All services relating to this payment are now completed. 14 Paid $340 cash for a utility bill. This related to June utilities that were accrued at the end of June. 16 Met with a new client, Thunder Bay Technologies. Received $10,100 cash in advance for future services to be performed 18 Paid semi-monthly salaries for $9.200 20 Performed services worth $23.500 on account and billed customers 20 Received a bill for $1,800 for advertising services received during July. The amount is not due until August 15. 23 Performed the first phase of the project for Thunder Bay Technologies. Recognized $8.400 of revenue from the cash advance received July 16, 27 Received $12,600 cash from customers billed on July 20. Adjustment data: 1. Adjustment of prepaid insurance 2. Adjustment of prepaid rent 3. Supplies used, $1,050. 4. Equipment depreciation. $425 per month 5. Accrual of interest on note payable 6. Salaries for the second half of July $9.200, to be paid on August 1. 7. Estimated utilities expense for July $670 invoice will be received in August) 8. Income tax for July $1.010, will be paid in August, - Your answer is partially correct Post to the ledger accounts. (Post entries in the order of journal entries presented in the previous part.) Cash July 1 Bal. 4,390 July 1 : 3600 July 2 42000 July 3 : 3000 July 10 : 1010 July 3 6800 July 16 10100 July 6 : 3200 July 27 12600 | July 14 340 July 18 9200 Accounts Receivable July 1 Bal. 1,010 July 10 10:10 July 20 23500 || July 27 12600 Prepaid Insuranc Prepald Insurance July 3 3000 Supplies July 1 bal. 580 July 6 3200 July 31 1050 Prepaid Rent July 3 6800 July 31 3400 Equipment July 1 20400 Accounts Payable July 14 340 | July 1 Bal. 340 July 20 1800 July 31 670 Unearned Service Revenue 940 940 July 1 Bal. July 13 8400 July 16 4 10100 July 23 Notes Payable July 1 16800 Common Stock July 1 Bal. 3,000 July 2 42000 Retained Earnings July 1 Bal. 1,700 Service Revenue July 13 MacBook WAS Assessment Retained Earnings July 1 Bal. 1,700 Service Revenue | July 13 940 23500 A INTRO 222 26 NINNI 1 1921 8400 S40 TA A Salaries and Wages Expense X July 18 2 9 200 || | July 31 18400 CLICK Advertising Expense TI July 20 A FR July 31 1800 1 e Textbook and Media