The following tasks need to be completed for Cimear's Hair Design for the month of July.

1. Post the 30 June 2012 beginning balances to the general ledger.

2. Enter the July transactions into the general journal.

3. Post the transactions for July into the general ledger.

4. Prepare a trial balance at 31 July 2012.

You must format the trial balance.

The balances in the trial balance must be automatically updated by

Cimear's Hair Design Trial Balance 30 June 2012 Account Dr Cr 51,234 5,784 13,575 21,000 145,000 Cash Accounts receivable Supplies Prepaid insurance Equipment Accumulated depreciation Accounts payable Unearned revenue Share Capital - Ordinary Retained earnings Service revenue Advertising expense Insurance expense Depreciation expense Salaries expense Rent expense Utilities expense Supplies expense 87,500 14,927 5,433 30,000 20,150 392,620 35,792 8,500 17,500 65,435 98,000 42,837 45,973 550,630 550,630 The following tasks need to be completed for Cimear's Hair Design for the month of July. 4 Post the 30 June 2012 beginning balances to the general ledger. Enter the July transactions into the general journal. Post the transactions for July into the general ledger. Prepare a trial balance at 31 July 2012. ? You must format the trial balance. The balances in the trial balance must be automatically updated by changes in the general ledger. July transactions: . 1 Stockholders invest an additional AED 25,000 cash in Cimear's Hair Design. . 2 Pay rent for the next six months in cash, AED 84,000. 7 Purchase additional equipment for AED 8,300, paying AED 4,900 in cash and the balance on account. . 10 Provide hairstyling services for regular customers on account, AED 2,405. 15 Borrow AED 50,000 from First Arab Bank for business operations. The loan must be repaid in five years and is charged 9.5% interest. 15 Pay salaries for the first half of July, AED 32,500. 18 Record hairstyling services performed for cash, AED 47,950. . 20 Pay AED 7,860 for radio advertising for the current month. 21 Receive AED 1,850 as payment for hairstyling services previously performed on account. 24 Pay accounts payable of AED 5,780. 25 Receive AED 7,425 as an advance payment for hair styling services to be performed for an entire wedding party next month. 27 Purchase hairstyling supplies on account, AED 34,785. 30 Record cash received for hairstyling services provided, AED 31,542. 31 Pay quarterly dividends to stockholders, AED 11,353