Prepare a trial balance at July 31 on a worksheet.
Enter the following adjustments on the worksheet, and complete the worksheet.
Kristin Malone opened Kristin's Maids Cleaning Service on July 1, 2019. During July, the company completed the following transactions. July 1 Stockholders invested $20,000 cash in the business in exchange for common stock 1 Purchased sed truck for $11,000, paying $2,800 cash and the balance on account. 3 Purchased deaning supplies for $700 on account. 5 Paid $2,004 on a 1-year insurance policy, effective July 1. 12 Billed customers $3,800 for cleaning services 18 Paid $1,200 of amount owed on truck, and $200 of amount owed on dearing supplies 20 Paid $1,700 for employee salaries, 21 Collected $1,600 from customers billed on July 12. 25 Billed customers $1,700 for cleaning services 31 Paid gasoline for the month on the truck, 3400 31 Declared and paid a $800 cash dividend. The chart of accounts for Kristin's Malds Cleaning Service contains the following accounts: No. 101 Cash, No. 112 Accounts Receivable, No. 126 Supplies, No. 130 Prepaid Insurance, No. 157 Equipment, No. 158 Accumulated Depreciation Equipment, No. 201 Accounts Payable No. 212 Salaries and Wages Payable, No. 311 Common stock, No. 320 Retained Earnings, No. 332 Dividends, No. 350 Income Summary, No. 400 Service Revenue, No. 631 Supplies Expense, No. 63) Gasoline Expense, No. 711 Depreciation Expense No. 722 Insurance Expense, and No. 7 Salaries and Wages Expense. Journalize the July transactions. (Credit account titles are automatically Do not indent manually. Record journal entries in the order presente Einninnnnnnnn Post the July transactions. (Post entries in the order of journal entries (To record divided Post the July transactions. (Post entries in the order of journal entries Tuy Tys IT 14 July TOT Tuly 25 Explora Bube May 20 1 700 1700 Click if you would like to show Work for this question. She (6) (0) Prepare a trial balance at July 31 on a worksheet. Enter the following adjustments on the worksheet, and complete the worksheet. (1) Unbilledfees for services performed at July 31 were $1,400. (2) Depreciation on equipment for the month was $270. (3) One-twelfth of the insurance expired. (4) An inventory count shows $200 of cleaning supplies on hand at July 31. (5) Accrued but unpaid employee salaries were $400. KRISTIN'S MAIDS CLEANING SERVICE Prepare a worksheet. For the Month Ended July 31, 2019 Account Title Trial Balance Martins Misted Trial Balance cr. Dr. Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Pavite Equipm Accounts Payable Common Stock DD- Dividends Service Revenue TILLLLLL DITT cidddddd Mini ciddiddi Gasoline Expense ririnin Salaries and Wages Expense Total Depreciation Expense Accum. Depe-Culment Insurance Expense Supplies Expense Totals Depreciation Expense Accum. Depr.--Equipment 1 270 1 DOCTI! [ OCBCAT TbilID | Insurance Expense Supplies Expense 1 lllll|IO BUAHIDO Salaries and Wages Payable Totals Net Income Totals Click if you would like to show Work for this
