Post adjusting entries to the T-accounts. Prepaid Insurance \begin{tabular}{|c|c|c|} \hline 7/5 & 2,040 & v \\ \hlinev & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline & Equip & ment \\ \hline 7/1 & 8,960 & \\ \hline 7/31 Bal. & 8,960 & \\ \hline \end{tabular} Accumulated Depreciation-Equipment \begin{tabular}{lc|cc} \multicolumn{4}{c}{ Accounts Payable } \\ \hline 7/18 & 1,680 & 7/1 & 6,720 \\ & & 7/3 & 1,010 \\ \hline & & 7/31 Bal. & 6,050 \end{tabular} Salaries and Wages Payable Owner's Capital \begin{tabular}{l|l|ll} \hline & 7/1 & 13,400 \\ \hline & 7/31 Bal. & 13,400 \end{tabular} \begin{tabular}{l|r|r} & \multicolumn{2}{c}{ Owner's Drawings } \\ \hline 7/31 & 670 & \\ \hline 7/31Bal. & 670 & \end{tabular} Maintenance and Repairs Expense Supplies Expense Depreciation Expense Insurance Expense Salaries and Wages Expense Mike Greenberg opened Culver Window Washing Co. on July 1, 2022. During July, the following transactions were completed. July 1 Owner invested $13,400 cash in the company. 1 Purchased used truck for $8,960, paying $2,240 cash and the balance on account. 3 Purchased cleaning supplies for $1,010 on account. 5 Paid $2,040 cash on a 1-year insurance policy effective July 1. 12 Billed customers $4,140 for cleaning services performed. 18 Paid $1,120 cash on amount owed on truck and $560 on amount owed on cleaning supplies. 20 Paid $2,240 cash for employee salaries. 21 Collected $1,790 cash from customers billed on July 12. 25 Billed customers $2,800 for cleaning services performed. 31 Paid $320 for maintenance of the truck during month. 31 Owner withdrew $670 cash from the company. Owner's Capital Owner's Drawings \begin{tabular}{|l|l|l|l|l|l|} \hline 7/31 & & & & & \\ \hline 7/31 Bal. & & & & \\ \hline & & 670 & & & \\ \hline \end{tabular} Salaries and Wages Expense \begin{tabular}{|c|c|c|c|} \hline 7/20 & 2240 & v & \\ \hline 7/31 Bal. v & 2240 & & \\ \hline \end{tabular} Post adjusting entries to the T-accounts. Prepaid Insurance \begin{tabular}{|c|c|c|} \hline 7/5 & 2,040 & v \\ \hlinev & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline & Equip & ment \\ \hline 7/1 & 8,960 & \\ \hline 7/31 Bal. & 8,960 & \\ \hline \end{tabular} Accumulated Depreciation-Equipment \begin{tabular}{lc|cc} \multicolumn{4}{c}{ Accounts Payable } \\ \hline 7/18 & 1,680 & 7/1 & 6,720 \\ & & 7/3 & 1,010 \\ \hline & & 7/31 Bal. & 6,050 \end{tabular} Salaries and Wages Payable Owner's Capital \begin{tabular}{l|l|ll} \hline & 7/1 & 13,400 \\ \hline & 7/31 Bal. & 13,400 \end{tabular} \begin{tabular}{l|r|r} & \multicolumn{2}{c}{ Owner's Drawings } \\ \hline 7/31 & 670 & \\ \hline 7/31Bal. & 670 & \end{tabular} Maintenance and Repairs Expense Supplies Expense Depreciation Expense Insurance Expense Salaries and Wages Expense Mike Greenberg opened Culver Window Washing Co. on July 1, 2022. During July, the following transactions were completed. July 1 Owner invested $13,400 cash in the company. 1 Purchased used truck for $8,960, paying $2,240 cash and the balance on account. 3 Purchased cleaning supplies for $1,010 on account. 5 Paid $2,040 cash on a 1-year insurance policy effective July 1. 12 Billed customers $4,140 for cleaning services performed. 18 Paid $1,120 cash on amount owed on truck and $560 on amount owed on cleaning supplies. 20 Paid $2,240 cash for employee salaries. 21 Collected $1,790 cash from customers billed on July 12. 25 Billed customers $2,800 for cleaning services performed. 31 Paid $320 for maintenance of the truck during month. 31 Owner withdrew $670 cash from the company. Owner's Capital Owner's Drawings \begin{tabular}{|l|l|l|l|l|l|} \hline 7/31 & & & & & \\ \hline 7/31 Bal. & & & & \\ \hline & & 670 & & & \\ \hline \end{tabular} Salaries and Wages Expense \begin{tabular}{|c|c|c|c|} \hline 7/20 & 2240 & v & \\ \hline 7/31 Bal. v & 2240 & & \\ \hline \end{tabular}