prepare a trial balance, an adjusted trial balance and post adjusting entries to the T accounts.
Mike Greenberg opened Flint Window Washing Inc. on July 1, 2022. During July, the following transactions were completed. July 1 1 3 5 12 18 Issued 13,700 shares of common stock for $ 13,700 cash. Purchased used truck for $9,120, paying $ 2.280 cash and the balance on account. Purchased cleaning supplies for $1.030 on account. Paid $ 2,040 cash on a 1-year insurance policy effective July 1. Billed customers $4,220 for cleaning services performed. Paid $ 1,140 cash on amount owed on truck and $ 570 on amount owed on cleaning supplies. Paid $ 2.280 cash for employee salarles. Collected $ 1,820 cash from customers billed on July 12. Billed customers $2,850 for cleaning services performed. Paid $ 330 for maintenance of the truck during month, Declared and paid $ 680 cash dividend. 20 21 25 31 31 The chart of accounts for Flint Window Washing contains the following accounts: Cash Accounts Receivable, Supplies. Prepaid Insurance, Equipment, Accumulated Depreciation - Equipment, Accounts Payable Salaries and Wages Payable. Common Stock Retained Earnings, Dividends. Income Summary Service Revenue. Maintenance and Repairs Expense. Supplies Expense, Depreciation Expense. Insurance Expense, and Salaries and Wages Expense. Prepare an adjusted trial balance. FLINT WINDOW WASHING INC. Trial Balance July 31, 2022 Debit Credit Cash $ 4,620 $ Accounts Receivable 3950 Supplies 770 Prepaid Insurance 1.560 Equipment 6,880 Accounts Payable 4,640 Common Stock 10,300 Dividende 520 Service Revenue 5.330 Accounts Payable 4,640 Common Stock 10,300 Dividends 520 Service Revenue 5,330 Salaries and Wages Expense 1,720 Maintenance and Repairs Expense 250 Rent Expense TOLLANO Supplies Expense Depreciation Expense Insurance Expense Totals 20,270 $ 20,270 Prepare a post-closing trial balance at July 31. FLINT WINDOW WASHING INC. Post-Closing Trial Balance July 31, 2022 Debit Credit Gish Accounts Receivable Supplies Prepaid insurance 10 COLONIA Equipment Accumulated Depreciation Equipment Accounts Payable Staries and Wages Payable Common stock Retained Earnin Debit Credit Cash Accounts Recevable Supplies LUANA Prepaid Insurance Equipment Accumulated Depreciation Equipment Accounts Payable Sataries and Wages Payable Common Stock Retained Earnings DOO Mike Greenberg opened Flint Window Washing Inc. on July 1, 2022. During July, the following transactions were completed. July 1 1 3 5 12 18 Issued 13,700 shares of common stock for $ 13,700 cash. Purchased used truck for $9,120, paying $ 2.280 cash and the balance on account. Purchased cleaning supplies for $1.030 on account. Paid $ 2,040 cash on a 1-year insurance policy effective July 1. Billed customers $4,220 for cleaning services performed. Paid $ 1,140 cash on amount owed on truck and $ 570 on amount owed on cleaning supplies. Paid $ 2.280 cash for employee salarles. Collected $ 1,820 cash from customers billed on July 12. Billed customers $2,850 for cleaning services performed. Paid $ 330 for maintenance of the truck during month, Declared and paid $ 680 cash dividend. 20 21 25 31 31 The chart of accounts for Flint Window Washing contains the following accounts: Cash Accounts Receivable, Supplies. Prepaid Insurance, Equipment, Accumulated Depreciation - Equipment, Accounts Payable Salaries and Wages Payable. Common Stock Retained Earnings, Dividends. Income Summary Service Revenue. Maintenance and Repairs Expense. Supplies Expense, Depreciation Expense. Insurance Expense, and Salaries and Wages Expense. Prepare an adjusted trial balance. FLINT WINDOW WASHING INC. Trial Balance July 31, 2022 Debit Credit Cash $ 4,620 $ Accounts Receivable 3950 Supplies 770 Prepaid Insurance 1.560 Equipment 6,880 Accounts Payable 4,640 Common Stock 10,300 Dividende 520 Service Revenue 5.330 Accounts Payable 4,640 Common Stock 10,300 Dividends 520 Service Revenue 5,330 Salaries and Wages Expense 1,720 Maintenance and Repairs Expense 250 Rent Expense TOLLANO Supplies Expense Depreciation Expense Insurance Expense Totals 20,270 $ 20,270 Prepare a post-closing trial balance at July 31. FLINT WINDOW WASHING INC. Post-Closing Trial Balance July 31, 2022 Debit Credit Gish Accounts Receivable Supplies Prepaid insurance 10 COLONIA Equipment Accumulated Depreciation Equipment Accounts Payable Staries and Wages Payable Common stock Retained Earnin Debit Credit Cash Accounts Recevable Supplies LUANA Prepaid Insurance Equipment Accumulated Depreciation Equipment Accounts Payable Sataries and Wages Payable Common Stock Retained Earnings DOO
