The following are check figures: From the ledger - ending cash balance=$22,570.

Using the 10 column worksheet find the remaining balances. The figures include the - Trial balance totals=$85,595, Total adjustments=$6,200, Adjusted trial balance totals=$86,695 Net loss=$7,115, Final I/S totals=$16,360, Final B/S totals=$77,450.

Directions: 1. Open an account in the ledger for each account shown in the chart of accounts 2. Journalize each of the transactions for July, beginning on page 1 of the general 3. Post the journal entries to the ledger. 4. Prepare a trial balance of the ledger in the first two columns of a 10-column work journal sheet. 5. Complete the 10-column work sheet. Assume for the purposes of this problem that Jim has a one-month accounting period. Data for adjustments are as follows (a) Office supplies on hand, $850. (b) Photography supplies on hand, $5,550 (c) Insurance expired, $300. (d) Salaries unpaid, two days of a five-day week; weekly salaries are $1,400. (e) Depreciation of office equipment, $190 (?) Depreciation of photography equipment, $275. (g) Depreciation of furniture and fixtures, $75