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Problem 4-05A a-g (Part Level Submission) (Video) Cullumber Clark opened Cullumber's Cleaning Service on July 1, 2020. During July, the following transactions were completed. July

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Problem 4-05A a-g (Part Level Submission) (Video) Cullumber Clark opened Cullumber's Cleaning Service on July 1, 2020. During July, the following transactions were completed. July 1 Cullumber invested $20,100 cash in the business. 1 Purchased used truck for $9,100, paying $3,800 cash and the balance on account. 3 Purchased cleaning supplies for $2,200 on account. 5 Paid $1,680 cash on 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 $1,300 on amount owed on cleaning supplies. 20 Paid $2,600 cash for employee salaries. 21 Collected $3,300 cash from customers billed on July 12. 25 Billed customers $6,100 for cleaning services. 31 Paid $350 for the monthly gasoline bill for the truck. 31 Withdraw $5,700 cash for personal use. (b) and (c) Your answer is partially correct. Try again. 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. ho (4) An inventory count shows $700 of cleaning supplies on hand at July 31. (5) Accrued but unpaid employee salaries were $1,020. CULLUMBER'S CLEANING SERVICE

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