u6 disc ac114-G X Unit 6 Lab Assign x WP NWP Assessmen X WP Question 3 of 3 - X WP Videoplayer Course Hero Course Hero C education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=dafd0141-66d7-42dd-908c-364ebb157ec6#/question/2 AC114 Unit 6 Lab Assignment 2305C Question 3 of 3 < View Policies -/15 Current Attempt in Progress Oriole Clark opened Oriole's Cleaning Service on July 1, 2022. During July, the following transactions were completed. July 1 Oriole invested $20,200 cash in the business. 1 Purchased used truck for $9,200, paying $4,000 cash and the balance on account. 3 Purchased cleaning supplies for $2,300 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 $1,400 cash on amount owed on truck and $1,400 on amount owed on cleaning supplies. 20 Paid $2,500 cash for employee salaries. 21 Collected $3,300 cash from customers billed on July 12. 25 Billed customers $5,900 for cleaning services. 31 Paid $350 for the monthly gasoline bill for the truck. 31 Withdraw $5,700 cash for personal use. ES Q SUPPORT Apr 28 16:43 0 u6 disc ac114-G X Unit 6 Lab Assign x WP NWP Assessmen X WP Question 3 of 3 - X WP Videoplayer Course Hero Course Hero C education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=dafd0141-66d7-42dd-908c-364ebb157ec6#/question/2 AC114 Unit 6 Lab Assignment 2305C Question 3 of 3 (a1) < < -/15 Journalize the July transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order displayed in the problem. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation (To record cash invested in business) (To record truck purchased) Debit Credit EJ Q SUPPORT Apr 28 16:44 u6 disc ac114-G X Unit 6 Lab Assign x WP NWP Assessment X WP Question 3 of 3 - X WP Videoplayer Course Hero Course Hero education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=dafd0141-66d7-42dd-908c-364ebb157ec6#/question/2 C AC114 Unit 6 Lab Assignment 2305C Question 3 of 3 (To record truck purchased) (To record gasoline expense) (To record drawings) -/15 Q EJ Apr 28 16:44 SUPPORT u6 disc ac114-G X Unit 6 Lab Assign x WP NWP Assessment X WP Question 3 of 3 - X WP Videoplayer Course Hero Course Hero education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=dafd0141-66d7-42dd-908c-364ebb157ec6#/question/2 C AC114 Unit 6 Lab Assignment 2305C Question 3 of 3 > (a2) Post the July transactions. (Post entries in the order of journal entries posted above.) Cash Date Explanation Debit -/15 No. 101 Credit Balance Accounts Receivable No. 112 Date Explanation Debit Credit Balance Date Explanation Supplies Debit No. 126 Credit Balance Prepaid Insurance No. 130 Date Explanation Debit Credit Balance + Q EJ Apr 28 16:44 SUPPORT u6 disc ac114-G X Unit 6 Lab Assign x WP NWP Assessment X WP Question 3 of 3 - X WP Videoplayer Course Hero Course Hero education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=dafd0141-66d7-42dd-908c-364ebb157ec6#/question/2 C AC114 Unit 6 Lab Assignment 2305C Question 3 of 3 -/15 Equipment No. 157 Date Explanation Debit Credit Balance Accounts Payable No. 201 Date Explanation Debit Credit Balance Owner's Capital No. 301 Date Explanation Debit Credit Balance Date Explanation Owner's Drawings Debit No. 306 Credit Balance Service Revenue No. 400 Date Explanation Debit Credit Balance Gasoline Expense No. 633 Explanation Debit Credit Balance Salaries and Wages Expense No. 726 Date Explanation Debit Credit Balance eTextbook and Media + Q EJ Apr 28 16:45 SUPPORT u6 disc ac114-G X Unit 6 Lab Assign x WP NWP Assessmen X WP Question 3 of 3 - X WP Videoplayer Course Hero Course Hero education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=dafd0141-66d7-42dd-908c-364ebb157ec6#/question/2 AC114 Unit 6 Lab Assignment 2305C Question 3 of 3 < > (b) and (c) -/15 Prepare 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 $2,600. (2) Depreciation on equipment for the month was $500. (3) One-twelfth of the insurance expired. (4) An inventory count shows $500 of cleaning supplies on hand at July 31. (5) Accrued but unpaid employee salaries were $1,040. Trial Balance Account Titles Dr. Cr. Dr. Cash Accounts Receivable Supplies Prepaid Insurance Equipment Q EJ SUPPORT Apr 28 16:45 0 u6 disc ac114-G X Unit 6 Lab Assign x WP NWP Assessmen X WP Question 3 of 3 - X WP Videoplayer Course Hero Course Hero education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=dafd0141-66d7-42dd-908c-364ebb157ec6#/question/2 AC114 Unit 6 Lab Assignment 2305C Question 3 of 3 < > Accounts Payable Owner's Capital Owner's Drawings Service Revenue Gasoline Expense Salaries and Wages Expense Totals Depreciation Expense Accum. Depr.-Equipment Insurance Expense Supplies Expense Salaries and Wages Payable Totals Net Income Totals -/15 Q + EJ SUPPORT Apr 28 16:46 0