Questions: AJBA opened a law office on July 1, 2019. During July the following transactions occurred. July 1 AJBA Invested $250,000 cash in the business. on july 3rd Purchased new computers for $25,000, paying $10,000 cash and the balance on the account. on 1/7 AJBA has Purchased office supplies for $2000 on the account. on 5/7 Paid $2000 cash on a one-year insurance policy effective July 1. on july 12 Billed customers $2500 for services performed. on 18/7 Paid $6,000 cash on the amount owed on the computers on transaction 2 and paid $2000 on the amount owed on supplies on transaction 3. on 20/7 Paid $3,200 cash for employee salaries. on 21/7 Collected $1500 cash from customers billed on July 12. on 25/7 Billed customers $2500 for legal services. on 31/7 Paid utilities bill for a month $600. on 31/7 Ahmed Withdrew $2000 cash for personal use. Instructions: 1. Journalize and post the July transactions. 2. Prepare a trial balance on July 31. 3. Enter the following adjustments. Additional information : Depreciation on computers for the month was $150. The insurance for July has occurred. supplies count by July 31 shows a value of $1500. unpaid employee salaries were $2500 Instructions: Journalize and post adjusting entries. Prepare the Income Statement and Owner's Equity Statement for July and a Classified Balance Sheet on July 31. Journalize and post-closing entries and complete the closing process. Prepare a Post-Closing Trial Balance on July 31. 1