prepare a classified balance sheet at july 31

Mike Greenberg opened Pina Colada Window Washing Inc. on July 1, 2022. During July, the following transactions were completed. July 1 Issued 11,500 shares of common stock for $11,500 cash. 1 Purchased used truck for $7,500, paying $2,000 cash and the balance on account. 3 Purchased cleaning supplies for $800 on account. 5 Paid $1,680 cash on a 1-year insurance policy effective July 1. 12 Billed customers $3,900 for cleaning services performed. 18 Paid $1,100 cash on amount owed on truck and $500 on amount owed on cleaning supplies. 20 Paid $1,800 cash for employee salaries. 21 Collected \$1,600 cash from customers billed on July 12. 25 Billed customers $2,300 for cleaning services performed. 31 Paid $290 for maintenance of the truck during month. 31 Declared and paid $500 cash dividend. Date July 1 Account Titles and Explanation Debit Credit Cist 1 Commonstock July 1 : Equipment Cash Accounts Payable July 3 Suppilies Accotints Paysble Julys : Prepaid Insurance \begin{tabular}{|l|l|} \hline Cishin & \\ \hline Accounts Recelvable & \\ \hline Service Revenue & \\ \hline Acrots & \\ \hline \end{tabular} July 18% Accounts Payable July 20 Sahurias and Wages Expense July 21 July 25 Accounts feceivable 2300 July 31 ; Maintenance and Repairs Expense. July 31 Bividend: Cash Post to the ledger accounts. (Post entries in the order of journal entries presented in the previous part.) Supplies 7/31Bal. Prepaid Insurance Equipment \begin{tabular}{l} 7/17500 \\ \hline 7/31 Bal. . \\ \hline \end{tabular} Accounts Payable Common Stock Common Stock Dividends Service Revenue Maintenance and Repairs Expense Salaries and Wages Expense Service Revenue Maintenance and Repairs Expense 7/31Bal, Salaries and Wages Expense 7/31 Bal. Accounts Recelvable Supplies Prepaid Insurance Equipinent Accounts Pavable CommonStock Dividends Service Revenue Maintenance and Repairs Expense Salaries and Wages Expense (1) Services performed but unbilled and uncollected at July 31 were $1,600. (2) Depreciation on equipment for the month was $170. (3) One-twelfth of the insurance expired. (4) A count shows $320 of cleaning supplies on hand at July 31 . (5) Accrued but unpaid employee salaries were $400. No. Date Account Titles and Explanation Debit Credit (1) July 31 Accounts Receivable Servicerevenoe (2) July 31 (3) July 31 insurance Expense: Prepaidinsurance (4) July 31 Supplies Expense (5) July 31 Silhries and Woges Expense Post adjusting entries to the T-accounts. (Post entries in the order of journal entries presented in the \begin{tabular}{lr|lc} \multicolumn{5}{c}{ Cash } \\ \hline 7/1 & 11,500 & 7/1 & 2,000 \\ 7/21 & 1,600 & 7/5 & 1,680 \\ & & 7/18 & 1,600 \\ & & 7/20 & 1,800 \\ & & 7/31 & 290 \\ \hline 7/31Bal. & 7/31 & 500 \\ \hline \end{tabular} Accounts Receivable \begin{tabular}{l|l|l|l} \hline 7/12 & 3,900 & 7/21 & 1,600 \end{tabular} 7/25 2,300 7/314 7/31Bal, Supplies 7/3 Prepaid Insurance Accounts Payable \begin{tabular}{r|rrr} 7/18 & 1,600 & 7/1 & 5,500 \\ & 7/3 & 800 \\ \hline & 7/31Bal. & 4,700 \end{tabular} Salaries and Wages Payable 7/31 Bal. Common Stock Maintenance and Repairs Expense \begin{tabular}{lr|} \hline 7/31 & 290 \\ \hline 7/31Bal. & 290 \\ \hline \end{tabular} Supplies Expense Supplies Expense Depreciation Expense Insurance Expense PINA COLADA WINDOW WASHING INC. Trial Balance July 31,2022 Debit Credit $ $ Accounts Recelvable Prepoid Insurance Equipment Accumuiated Depreciation-Equipment Accounts Payabie CommonStock AcCotint5 Payable Salaries and Wages Payable Comman Stock 11500 Service Revenus Maintenance and Repoirs Expense Supplies Expense 480 Depreciation Expense Insurance Expense 140 Snlaries and Wages Expense Dividends PINA COLADA WINDOW WASHING INC. Income Statement For the Month Ended July. 31, 2022 : Revenues Service Revertue Expenses Maintenance and Repairs Expense $ Suppiies Expense Depreciation Expense Insurance Expense Salaries and Wages Expense Total Expenses Net income/ (Loss) Prepare a retained earnings statement for July. (List items that increase retained earnings Prepare a classified balance sheet at July 31. (List Current Assets in order of liquidity.) PINA COLADA WINDOW WASHING INC. . Balance Sheet Assets $ $ Liabilities and Stockholders' Equity $ $