The trial balance columns of the worksheet for Wildhorse Roofing at March 31, 2022, are as follows. Income Statement For the Month Ended March 31, 2022 Revenue5 Service Revenue Expenses Salaries and Wages Expense Miscellaneous Expense Supplins Expense Depreciation Expense Total Expenses eTextbook and Media List of Accounts Owner's Equity Statement For the Month Ended March 31, 2022 Owner's Capital, March 1 Add : Net Income/(Loss) Irvestments PTerthnok and Madio VVILDFIUREEREUFING Balance Sheet March 31, 2022 Assets Current Assets Cash Accounts Recelvable Supplies Total Current Assets Property. Plant and Equipment Equipment Less v : Accumulared Depreciation:Equipment TotalAssets Liabilities and Owner's Equity Accounts Pavable Salaties and Waies Paivable Liabilities and Owner's Equity Current Liabilities Accounts Payable Salaries and Wages Payable Unearned Service Revenue: Total Current Liabilities Owner's Equity Owner's Capital eTextbook and Media List of Accounts Save for Later Last saved 1 day ago. Attempts: 1 of 5 used Submit Answer (c) Journalize the adjusting entries from the adjustments columns of the worksheet, (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Journalize the closing entries from the financial statement columns of the worksheet. (Credit account titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Cullumber Clark opened Cullumber's Cleaning Service on July 1, 2022. During July, the following transactions were completed. July 1 Cullumber invested $20.100 cash in the business. 1 Purchased used truck for $9,100, paying $3,800 cash and the balance on account. 3 Purchased cleaning supplies for $2,200 on account. 5 Paid $1,680 cash on a 1-year insurance policy effective July 1. 12 Billed customers $4,400 for cleaning services. 18 Paid $1,600 cash on amount owed on truck and $1,300 on amount owed on cleaning supplies. 20 Paid $2,600 cash for employee salaries. 21 Collected $3,300 cash from customers billed on July 12. 25 Billed customers $6.100 for cleaning services. 31 Paid $350 for the monthly gasoline bill for the truck. 31 Withdraw $5,700 cash for personal use. Journalize the July transactions. (Credit account titles are outomotically Indented when amount is entered. Do not indent manually. Record joumol entries in the order displayed in the problem. If no entry is requlred, select "No Entry" for the account titles and enter O for the amounts.) Question 1 of 1 7.12/20 July 12 Accounts Recelvable Service Revenue 4400 \begin{tabular}{|l|l|} \hline July 18 & Accounts Payable \\ \hline Cash & Q \end{tabular} 2900 \begin{tabular}{|l} July 20 Salaries and Wages Expense \\ Cash \end{tabular} \begin{tabular}{|r|} \hline 2600 \\ \hline \end{tabular} 2900 \begin{tabular}{|ll|l|} \hline July 21 & Cirh & 3300 \\ \hline \end{tabular} Accounts Receivable 2600 July 25 Accounts Recelvable 6100 Service Revemue (To record gasoline expense) July31 Post the July transactions. (Post entries in the order of journal entries posted above.) Question 1 of 1 Date Debit Credit Balance July 12 \begin{tabular}{|c|} \hline 4400 \\ \hline \end{tabular} 7.12/201 July 21 July 25 \begin{tabular}{|cc|} \hline & Supplies \\ \hline Date Explanation & Debit \\ \hline July 3% & 2200 \\ \hline \end{tabular} No. 126 No. 130 Balance 1680 No. 157 Balance 9100 No. 201 Balance Accounts Payable No. 201 \begin{tabular}{l} Date \\ \hline July1 v \\ \hline \end{tabular} Explanation Debit Credit Balance Gasoline Expense No. 633 Rrepare a trial balance at July 31 on a worksheet. Enter the following adjustments on the worksheet and complete the worksheet. (1) Unbilled and uncollected revenue for services performed at July 31 were $2.800. (2) Depreciation on equipment for the month was $500. (3) One-twelfth of the insurance expired. (4) An inventory count shows $700 of cleaning supplies on hand at July 31. (5) Accrued but unpaid employee salaries were $1,020. Trial Balance Account Titles Dr. Cr. Dr. Cash Supplies Prepaid Insurance Equipment \begin{tabular}{|l|} \hline 2200 \\ \hline \end{tabular} Accounts Payable Owner's Capital Owner's Drawings Service Revenue Gasoline Expense Salaries and Wages Expense Totals estion 1 of 1 7.12/20 ion of ( ) 1010 500 500 eTextbook and Media question 1 of 1 tion 1 of 1 7.12/20 500 eTextbook and Media List of Accounts CULLUMBER'S CLEANING SERVICE Income Statement For the Month Ended July 31, 2022 Revenues Service Revenue Expenses Supplies Expense Gasoline Expense Depreciation Expense Insurance Expense Salaries and Wages Expense Total Expenses eTextbook and Media I ictaf Acrnunts. Prepare the owner's equity statement for July. (List items that increose owner's equity first.) CULLUMBER'S CLEANING SERVICE Balance Sheet Assets Current Assets Cash Accounts Recelvable Supplies Prepaid insurance Total Current Assets Property, Plant and Equipmem Equipment Less > : $ $ Net income/[Loss) Liabilities and Owner's Equity Question 1 of 1 7.12/20 Net Income/ / (Loss) Liabilities and Owner's Equity Current Labilities Accounts Payable Salaries and Wages Payable Total Current Liabilities Owner's Equity Owner's Capital Totaltiablives and Owner's Equity eTextbook and Media List of Accounts Attempts: 1 of 5 used Submit Answer (e1) Journalize adjusting entries, (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no Ruestion 1 of 1 7.12/20 Accounts Receivable No. 112 Date Explanation Debit Credit Balance July 14 4,400 July 21 July 25 6,100 3,300/1/100 Adjusting Uestion 1 of 1 Accumulated Depreciation-Equipment 7.12/20 Date Explanation Debit No. 158 Adjusting Accounts Payable Credit Balance July 1 July 3 Debit Credit Balance No. 201 duly 18 5,300 2.200 Date Explanation Debit Credit Balance July 14 July 25 Adjusting Journalize closing entries and complete the closing process. (Credit account titles are automaticolly indented when amount is entered. Do not indent manually. Record journal entries in the order displayed in the problem.) Post closing entries. (Post entries in the order of journal entries posted above) Supplies . 126 Date Explanation Debit Credit Balance July 3 2,200 Adjusting 1.500 July 31 Ju question 1 of 1 7.12/20 Closing Income Summary No. 350 Date Explanation Debit Credit Balance Closing Closing Closing Service Revenue No. 400 Date July 12 July 25 July 31 Adjusting Debit Credit Balance Closing \begin{tabular}{|cccccr|} \hline \multicolumn{3}{c}{ Gasoline Expense } & No. 633 \\ \hline Date & Explanation & Debit & Credit & Balance \\ \hline July 31 & & 350 & & 350 \\ \hline & & & & \\ \hline & & Closing & & No. 631 \\ \hline Date & Explanation & Debit & Credit & Balance \\ \hline \end{tabular} Supplies Expense No. 631 Date Explanation Debit July 31 1,500 Credit Balance Closing Depreciation Expense No. 711 Date Explanation Debit Credit Balance July 31 Adjusting 500 500 Closing Insurance Expense No. 722 Date July 31 Adjusting Debit Credit Balance 140 Closing \begin{tabular}{|r|} \hline Date \\ \hline July 20 \\ \hline July 31 \\ \hline \end{tabular} Salaries and Wages Expense No. 726 July 31 Adjusting Debit Credit Balance Closing