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Wildhorse Clark opened Wildhorse's Cleaning Service on July 1, 2022. During July, the following transactions were completed. July 1 Wildhorse invested $19,900 cash in the

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Wildhorse Clark opened Wildhorse's Cleaning Service on July 1, 2022. During July, the following transactions were completed. July 1 Wildhorse invested $19,900 cash in the business. 1 Purchased used truck for $9,100, paying $4,200 cash and the balance on account. 3 Purchased cleaning supplies for $2,000 on account. 5 Paid $1.680 cash on a 1-year insurance policy effective July 1. 12 Billed customers $4,600 for cleaning services. 18 Paid \$1,600 cash on amount owed on truck and $1.500 on amount owed on cleaning supplies. 20 Pald $2,400 cash for emplovee salaries. 21 Collected $3,300 cash from customers billed on July 12 . 25 Billed customers $6,000 for cleaning services. 31 Paid $350 for the monthly gasoline bill for the truck: 31 Withdraw $5,700 cash for personal use. Date Account Tities and Explanation Debit Credit (To record revenue earned) (To record depreciation) (To record insurance expired) (To record supplies used) (To record salaries payable) (To close expense accounts) (To dose net income / (loss)) (To clase drawings) Prepare a post-closing trial balance at July 31 Prepare the owner's equity statement for July. (Ust items thot increase owner's equity first.) Prepare a classified balance sheet at July 31. (List Current Asiets in onder of liquidity) WLOHORSES CLEANING SERVICE Batancesheet Assets 5 s Uabilities and Owner's Equity s

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