Problem 4-5A (Part Level Submission)

Anya Clark opened Anyas Cleaning Service on July 1, 2017. During July, the following transactions were completed.

July 1		Anya invested $20,000 cash in the business.
1		Purchased used truck for $8,900, paying $4,000 cash and the balance on account.
3		Purchased cleaning supplies for $2,300 on account.
5		Paid $1,920 cash on 1-year insurance policy effective July 1.
12		Billed customers $4,500 for cleaning services.
18		Paid $1,500 cash on amount owed on truck and $1,400 on amount owed on cleaning supplies.
20		Paid $2,500 cash for employee salaries.
21		Collected $3,300 cash from customers billed on July 12.
25		Billed customers $5,900 for cleaning services.
31		Paid $360 for the monthly gasoline bill for the truck.
31		Withdrew $5,600 cash for personal use.

Journalized the July transactions:

Posted July transactions

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 $2,600.
(2)		Depreciation on equipment for the month was $400.
(3)		One-twelfth of the insurance expired.
(4)		An inventory count shows $500 of cleaning supplies on hand at July 31.
(5)		Accrued but unpaid employee salaries were $1,010.

Please help me finish this worksheet.

I have the Adjusted Trial Balance Income Statement for July, 2017 completed as well

Adjusted Trial Balance as of July 31, 2017

Account Titles	Debit	Credit
	$	$
Cash	6,020
Accounts Receivables	7,100
Unbilled Service Revenue	2,600
Cleaning Supplies	500
Prepaid Insurance	1,760
Equipment	8,900
Accumulated Depreciation - Equipment		400
Accounts Payable		4,300
Salaries Payable		1,010
Owners's Capital		20,000
Owner's Drawings	5,600
Service Revenue		13,000
Salaries Expense	3,510
Supplies Expense	1,800
Gasoline Expense	360
Insurance Expense	160
Depreciation Expense	400
	38,710	38,710

2. Anya's Cleaning Service:

Income Statement for July, 2017:

	$	$
Service Revenue		13,000
Less: Operating Expenses:
Salaries Expense	3,510
Supplies Expense ( $ 2,300 - 500)	1,800
Gasoline Expense	360
Insurance Expense ( $ 1,920 / 12)	160
Depreciation Expense	400	6,230
Net Income		6,770

3. Owner's Equity Statement for July 2017:

	$
Owner's Capital, July 1	20,000
Net Income	6,770
Owner's Drawings	(5,600)
Owner's Capital, July 31	21,170

Please help me with the worksheet (as mentioned above)

Preparing a balance sheet at July 31

Journalizing the adjusting entries

Posting the adjusting entries. and

Journalize closing entries

completing the closing process

Date Account Titles and Explanation Debit Credit 20000 20000 Owner's Capital (To record cash invested in business) Equipment 8900 4000 Cas Accounts Payable 4900 (To record truck purchased) Lula Buppde 300 Accounts Payable July 5 Prepaid Insurance Lash 1920 July 12 Accounts Receivable 4500 4500 Service Revenue buy Accounts Payable 2900 Cash t 2900 UUM Salaries and Wages Expens 2500 5000 buy Coch 33001 Accounts Receivable 5900t July 25 Accounts Receivable 5900 Service Revenue July 31 Gasoline Expense Cas (To record gasoline expense) 5600 Owner's Drawings Cash 15600 (To record drawings)