The trial balance of Garana's Bakery on June 30, 2024 is shown below: GARANA'S BAKERY Trial Balance June 30, 2024 Account No. Debit Credit 101 Cash $12,620 112 Accounts receivable 2,620 126 Supplies 1,900 157 Equipment 9,600 201 Accounts payable $5,100 206 Unearned revenue 1,300 301 R. Garana, capital 20,340 $26,740 $26,740 The July transactions were as follows: July 5 Received $1,420 cash from customers on account. 10 Billed customers for bakery services performed, $6,700. 15 Paid employee salaries, $1,800. 15 Withdrew $500 for personal use. 16 Performed $850 of services for customer who paid in advance in June. 20 Paid $2,400 to creditors on account. 21 Received $250 cash for services provided. 22 Purchased a new bakery oven and other kitchen equipment for $4,500 on account. 23 Hired a new baker who will start working on July 28 and agreed to pay her $500 per week. 26 Purchased supplies on account, $400. 29 Invested $1,200 of personal funds into the business. 30 Received the $750 July utility bill. It is due on August 28. Provision should be made for the following additional accounts in the ledger: No. 306 R. Garana, Drawings, No. 426 Service Revenue, No. 726 Salaries Expense, and No. 732 Utilities Expense. Instructions A. Journalize the transactions. B. Post the transactions to the ledger accounts. C. Prepare a trial balance as at July 31, 2024. Action Plan Prepare separate journal entries for each transaction. In journalizing, use specific account titles taken from the chart of accounts. Provide an appropriate description of each journal entry. Arrange the ledger in statement order, beginning with the balance sheet accounts. Enter the balances at June 30, 2024 Post the journal entries in chronological order. Numbers in the reference column indicate the amount has been posted. The trial balance lists accounts in the order in which they appear in the ledger. List debit balances in the left column, and credit balances in the right column