Tara Harris opened Tara's Maids Cleaning Service, Ltd. on July 1, 2017. During July, the company completed the following transactions. July 1 Shareholders invested 15,000 cash in the business in exchange for ordinary shares. 1 Purchased a used truck for 10,000, paying 3,000 cash and the balance on account. 3 Purchased cleaning supplies for 1,700 on account. 5 Paid 1,800 on a one-year insurance policy, effective July 1. 12 Billed customers 4,200 for cleaning services performed. 18 Paid 1,000 of amount owed on truck, and 400 of amount owed on cleaning supplies. 20 21 Paid 1,900 for employee salaries. Collected 2,400 from customers billed on July 12. 25 Billed customers 2,100 for cleaning services performed. 31 Paid gasoline for the month on the truck, 400. Declared and paid a 500 cash dividend. 31 the following adjustmentsof July: (1) Unbilled fees for services performed at July 31 were 1,300. (2) Depreciation on equipment for the month was 200. (3) One-twelfth of the insurance expired. (4) An inventory count shows 280 of cleaning supplies on hand at July 31. (5) Accrued but unpaid employee salaries were 630. Instructions 1. Enter the transactions of the period in appropriate journals. 2. Post from the journals to the ledger (or ledgers). 3. Prepare an unadjusted trial balance (trial balance). 4. Prepare adjusting journal entries and post to the ledger(s). 6. 5. Prepare a trial balance after adjusting (adjusted trial balance). Prepare the financial statements from the adjusted trial balance. 7. Prepare closing journal entries and post to the ledger(s). 8. Prepare a trial balance after closing (post-closing trial balance).