Prepare a trial balance at July $31$ on a worksheet. Enter the following adjustments on the worksheet and complete the worksheet.

$(1)$ Unbilled and uncollected revenue for services performed at July $31$ were $$2,800.$

$(2)$ Depreciation on equipment for the month was $$500.$

$(3)$ One$-$twelfth of the insurance expired.

$(4)$ An inventory count shows $$700$ of cleaning supplies on hand at July $31.$

$(5)$ Accrued but unpaid employee salaries were $$1,050.$

Net Income

Totals Heidi Jara opened Blue Spruce$$s Cleaning Service on July $1,2022.$ During July, the following transactions were completed.

July $1$ Stockholders invested $$20,200$ cash in the business in exchange for common stock.

$1$ Purchased used truck for $$9,200,$ paying $$3,900$ cash and the balance on account.

$3$ Purchased cleaning supplies for $$2,200$ on account.

$5$ Paid $$1,800$ cash on a $1-$year insurance policy effective July $1.$

$12$ Billed customers $$4,400$ for cleaning services.

$18$ Paid $$1,600$ cash on amount owed on truck and $$1,500$ on amount owed on cleaning supplies.

$20$ Paid $$2,400$ cash for employee salaries.

$21$ Collected $$3,400$ cash from customers billed on July $12.$

$25$ Billed customers $$6,000$ for cleaning services.

$31$ Paid $$350$ for the monthly gasoline bill for the truck.

$31$ Paid a $$5,500$ cash dividend.