The ledger accounts given below, with an identification number for each, are used by Quality Clean Depot. Instructions: Indicate the appropriate entries for the month of July by placing the appropriate identification number(s) in the debit and credit columns provided. Item O is given as an example. Write "none" if no entry is appropriate. 1 Equipment 2. Advertising Expense Service Revenue Cash Prepaid Advertising Cleaning Supplies Salaries and Wages Payable Accounts Payable Unearned Service Revenue Cleaning Supplies Expense Salaries and Wages Expense Accounts Receivable Prepaid Insurance 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 10 12. Accounts Receivable 13. Prepaid Insurance 14. Equipment Expense 15. Dividends 16. Notes Payable 17. Rent Expense 18. Common Stock Date July 1 July 2 July 3 July 9 July 12 No. 0 1 2 3 4 Entry Inform Paid $31,360 in cash to Town Rentals for July rent Stockholders invested $47,040 in the business. Received a delivery of cleaning supplies to be used immediately, along with a bill for $264 from DT Supplies Paid $2,400 for a one-year insurance policy. Equipment was purchased at a cost of $10,080 for which a three-month, 7% Account(s) Debited 17 4 10 13 1 V Account(s) Credited 18 8 4 16 3 2 3 4 5 6 7 8 9 10 11 July 2 July 3 July 9 July 12 July 15 July 18 July 21 July 24 July 27 July 30 July 31 Stockholders invested $47,040 in the business Received a delivery of cleaning supplies to be used immediately, along with a bill for $264 from DT Supplies Paid $2,400 for a one-year insurance policy Equipment was purchased at a cost of $10,080 for which a three-month, 7% note payable was signed Paid $560 cash to Val-Pak for advertisements mailed out during the first week of July Hired Ron Davis as vice-president to begin work on July 16, to be paid $3,360 monthly on the 30th day of each month. Received $3,360 from customers for services to be rendered in August Cleaning supplies to be used in August were purchased on account at a cost of $1,008 from Office Supply Company Paid $1,120 on account for supplies previously purchased and used during June Paid employees $5,712 for the month of July Billed customers $10,080 for services rendered but not collected during July dividends to stockholders 4 10 13 1 2 None 4 6: 8 11 12 15 V V 18 8 4 16 4 None 9 8 4 4 3 T X