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The company is owned and operated by 'william Bullet. The closing balances at the end of June 2022 and the chart of acoounts are shown
The company is owned and operated by 'william Bullet. The closing balances at the end of June 2022 and the chart of acoounts are shown below. At the end of July, the following adjustment had to be journalized to properly report the balances of the company's accounts: \begin{tabular}{|c|l|} \hline Jul 31 & $28,500 of the balance of unearned revenue, still remains unearned. \\ \hline Jul 31 & One month of prepaid insurance worth $600 has been used. \\ \hline Jul 31 & Monthly depreciation on the equipment was $450. \\ \hline Jul 31 & Bccrued salary expense of $3,780 for an employee. \\ \hline Jul 31 & Bccrued interest on the Note Payable amounts to $100. \\ \hline \end{tabular} Required: a) Enter the opening balances from the June 2022 balance sheet into the general ledger accounts. b) Prepare the journal entries for the month of July and post them to the appropriate general ledger accounts. c) Create the trial balance in the worksheet, and then complete the remaining section of the worksheet. d) Create the income statement, statement of owner's equity and the classified balance sheet. e) Prepare the journal entries for the adjustments and post them to the appropriate general ledger accounts. f) Prepare the journal entries to close the books for the month of July 2022 (use the income summary account), and post the journal entries to the appropriate general ledger accounts. g) Create the post-closing trial balance
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