You will be recording the July 2023 transactions for Lenny's Lawn Service, Inc. After recording the July transactions you will be preparing a Pre-Closing Trial Balance, Income Statement, Statement of Stockholders' Equity, Balance Sheet, and Post-Closing Trial Balance.

\begin{tabular}{|c|l|} \hline \multicolumn{2}{|c|}{ Lenny's Lawn Service, Inc. - Chart of Accounts } \\ \hline \multirow{2}{*}{ Account \# } & \multicolumn{1}{c|}{ Account Name } \\ \cline { 2 - 2 } & Assets: \\ \hline 100 & Cash \\ \hline 105 & Accounts Receivable \\ \hline 110 & Supplies \\ \hline 150 & Equipment \\ \hline 155 & Accumulated Depreciation \\ \hline & Liabilities: \\ \hline 200 & Accounts Payable \\ \hline 205 & Wages Payable \\ \hline 210 & Interest Payable \\ \hline 215 & Unearned Revenue \\ \hline 220 & Dividends Payable \\ \hline 250 & Note Payable \\ \hline & Equity: \\ \hline 300 & Common Stock \\ \hline 305 & Retained Earnings \\ \hline & Revenues: \\ \hline 400 & Service Revenue \\ \hline & Expenses: \\ \hline 500 & Supplies Expense \\ \hline 505 & Mower Repair Expense \\ \hline 510 & Wages Expense \\ \hline 515 & Truck Rental Expense \\ \hline 520 & Depreciation Expense \\ \hline 550 & Interest Expense \\ \hline & \\ \hline \end{tabular} Lenny's Lawn Service, Inc. - General Journal \begin{tabular}{|c|c|c|c|c|c|} \hline & & & & & Page \# 1 \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \end{tabular} & \begin{tabular}{l} Account \\ Number \end{tabular} & Account Name & Posted & Debit & Credit \\ \hline 71 & 100 & Cash & x & 35,000.00 & \\ \hline & 250 & Notes Payable & x & & 35,000.00 \\ \hline & & Borrowed on Note Payable & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Lenny's Lawn Service, Inc. - General Ledger } \\ \hline \multicolumn{7}{|c|}{ Account \# 100 Cash } \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & 38,250.00 & & 38,250.00 & Dr \\ \hline 71 & & 1 & 35,000.00 & & 73,250.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Accounts Receivable } \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & \multicolumn{2}{|l|}{ Balance } \\ \hline 71 & Beginning Balance & & 33,500.00 & & 33,500.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{\begin{tabular}{|ll} Account \# 110 & Supplies \end{tabular}} \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{c} Journal \\ Page \# \end{tabular} & Debit & Credit & \multicolumn{2}{|l|}{ Balance } \\ \hline 71 & Beginning Balance & & 4,375.00 & & 4,375.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Account \# 150 Equipment } \\ \hline 2023 & & \multirow{2}{*}{\begin{tabular}{c} Journal \\ Page \# \\ \end{tabular}} & \multirow{2}{*}{ Debit } & \multirow{2}{*}{ Credit } & \multirow{2}{*}{\multicolumn{2}{|c|}{ Balance }} \\ \hline Month-Day & & & & & & \\ \hline 71 & Beginning Balance & & 48,000.00 & & 48,000.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} Lenny's Lawn Service, Inc. - General Ledger \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Accounts Payable } \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \end{tabular} & & \begin{tabular}{c} Journal \\ Page \# \\ \end{tabular} & Debit & Credit & \multicolumn{2}{|l|}{ Balance } \\ \hline 71 & \multirow[t]{6}{*}{ Beginning Balance } & & & 0.00 & 0.00 & Cr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{3}{|c|}{ Account \# 205} & \multirow[b]{2}{*}{ Debit } & \multirow[b]{2}{*}{ Credit } & & \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{c} Journal \\ Page \# \end{tabular} & & & \multicolumn{2}{|l|}{ Balance } \\ \hline 71 & Beginning Balance & & & 0.00 & 0.00 & Cr \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Account \# 210 Interest Payable } \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{c} Journal \\ Page \# \end{tabular} & Debit & Credit & \multicolumn{2}{|l|}{ Balance } \\ \hline 71 & Beginning Balance & & & 0.00 & 0.00 & Cr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Unearned Revenue } \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{c} Journal \\ Page \# \end{tabular} & Debit & Credit & \multicolumn{2}{|l|}{ Balance } \\ \hline 71 & Beginning Balance & & & 8,000.00 & 8,000.00 & Cr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} Directions Trans Chart Accts Journal GL Assets GL Liab-Equity GL Rev-Exp \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{2}{|c|}{ Dccount \# 220 Dividends Payable } \\ \hline 2023 & & \begin{tabular}{c} Journal \\ Page \# \end{tabular} & Debit & Credit & \multicolumn{2}{|c|}{ Balance } \\ \hline Month-Day & & & & 0.00 & 0.00 & Cr \\ \hline 71 & Beginning Balance & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Account \# 250} \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & & 0.00 & & Cr \\ \hline 71 & & 1 & & 35,000.00 & 35,000.00 & Cr \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Common Stock } \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{c} Journal \\ Page \# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & & 50,000.00 & \begin{tabular}{l} 50,000.00 \\ \end{tabular} & Crr \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline Account \# & Retaine & Earning & & & & \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & & 48,125.00 & \begin{tabular}{l} 48,125.00 \\ \end{tabular} & Cr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} Directions Trans Chart Accts Journal GL Assets GL Liab-Equity GL Rev-Exp \begin{tabular}{|c|} \hline Lenny's Lawn Service, Inc. - General Ledger \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline Account \# & Servic & Revenu & & & & \\ \hline \begin{tabular}{c|} 2023 \\ Month-Day \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & & 0.00 & 0.00 & Cr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline Account \# & Suppl & Expen & & & & \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{c} Journal \\ Page \# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & 0.00 & & 0.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline Account \# & Mowe & epair E & & & & \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{c} Journal \\ Page \# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & 0.00 & & 0.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Truck Rental Expense } \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \multirow[t]{2}{*}{\begin{tabular}{l} Journal \\ Page : \\ \end{tabular}} & Debit & Credit & \multicolumn{2}{|l|}{ Balance } \\ \hline 71 & Beginning Balance & & 0.00 & & 0.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline Account \# & Deprec & ation Ex & & & & \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{l} Journal \\ Page : \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & 0.00 & & 0.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline Account \# & Interes & Expens & & & & \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{l} Journal \\ Page : \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & 0.00 & & 0.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} CAUTION Enter amounts into the Financial Statements by typing in the amounts. Do NOT copy cells from the General Ledger or Pre-Closing Trial Balance. Note the new line item on Lenny's Income Statement Income from Operations. This is Lenny's income from the normal operations of the lawn mowing business. Interest Expense, which is not a cost of operating the business but rather a cost of financing the business, is shown below Income from Operations. Interest Expense is subtracted from Income from Operations to arrive at Net Income. This is the first time you have prepared a formal Statement of Stockholders' Equity for Lenny's. This statement shows what caused the change in Common Stock and in Retained Earnings from July 1, 2023 to July 31, 2023. Note that the Retained Earnings column on the statement looks different than the calculation you have been doing each month to determine the Retained Earnings amount needed for the Balance Sheet. Beginning Balance is the starting amount. In previous Retained Earnings calculations, you used Current Balance as the starting amount. Beginning Balance is the starting point for this calculation, because Dividends is shown as a line item (a deduction) in the Retained Earnings column. The Ending Balance in the Retained Earnings column is the balance needed for the Balance Sheet. Enter amounts into the Balance Sheet by typing in the amounts. Do NOT copy cells from the General Ledger or Pre-Closing Trial Balance. Note the following three new sub-totals appearing on Lenny's Balance Sheet: Total Current Assets is a total of those assets, which will turn-into cash during the next 12 months or be consumed during the next 12 months. The comparison of Total Current Assets to Total Current Liabilities gives some indication of Lenny's liquidity -that is, its ability to pay its bills in the short-term. Property \& Equipment, net is the amount of Fixed Asset cost, which remains to be depreciated in future accounting periods. Total Current Liabilities is a total of those liabilities that will require payment in the next 12 months. In the case of Unearned Revenue, this current liability will be "paid-off" by Lenny's delivering mowing services to the university. CAUTION Enter amounts into the Post-Closing Trial Balance by typing in the amounts. Do NOT copy cells from the General Ledger. \begin{tabular}{|c|c|} \hline \multicolumn{2}{|r|}{ Additional Information } \\ \hline Equipment: & \begin{tabular}{l} The $48,000.00 beginning balance in the Equipment account relates to the mowing equipment \\ which was purchased on January 2, 2022. For information related to this mowing equipment \\ see Page 70 in the Solid Footing file CHAPTER 07 a - Intro to Adjusting Entries.pdf. \\ This equipment continues to be used and should be depreciated for the month of July. \\ The following information relates to the new equipment which was purchased on July 1,2023 : \\ The new equipment was placed into service on July 1,2023 and should be depreciated \\ for the month of July. \\ The estimated useful life of the new equipment is 5 years. \\ At the end of 5 years, the new equipment will have no future value and will be scrapped. \\ The new equipment will be depreciated using the straight-line method. \end{tabular} \\ \hline Supplies: & As the end of July there are $24,800.00 supplies on-hand. \\ \hline \begin{tabular}{l} Mowing Service \\ at the University: \end{tabular} & \begin{tabular}{l} The monthly mowing service was provided to the university per the contract signed on April 1, 2023. \\ For information on the contract with the university and the related advance payment, see \\ Pages 95 and 98 in the Solid Footing file CHAPTER 08 a - Adjusting Entries Continued.pdf. \end{tabular} \\ \hline \begin{tabular}{l} Wages Due \\ the Employees: \end{tabular} & \begin{tabular}{l} The last wage payment was made to the employees on July 28,2023 . The employees worked on \\ July 29,30 , and 31 . For these three days of work the employees earned $2,325.00 of wages. \\ These three days of wages will be paid to the workers during the first week of August. \end{tabular} \\ \hline Bank Loan: & \begin{tabular}{l} The interest on the loan from 1st Bank will be paid every three months. The first interest payment \\ to the bank will be made on September 30,2023. Lenny's calls the bank on July 31 and the \\ bank indicates that the interest on the loan for July is $950.00. \end{tabular} \\ \hline \end{tabular} Lenny's Lawn Service, Inc. - General Ledger \begin{tabular}{|c|c|c|c|c|c|c|} \hline Account \# & Cash & & & & & \\ \hline \begin{tabular}{c} 2023 \\ Month-Day \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & 38,250.00 & & 38,250.00 & Dr \\ \hline 71 & & 1 & 35,000.00 & & 73,250.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Accounts Receivable } \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & \multicolumn{2}{|l|}{ Balance } \\ \hline 71 & Beginning Balance & & 33,500.00 & & 33,500.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Lenny's Lawn Service, Inc. - General Ledger } \\ \hline \multicolumn{7}{|c|}{ Account \# 110} \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & 4,375.00 & & 4,375.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Account \# 150 Equipment } \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & \multicolumn{2}{|l|}{ Balance } \\ \hline 71 & Beginning Balance & & 48,000.00 & & 48,000.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Account \# 155} \\ \hline 2023 & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & \multicolumn{2}{|l|}{ Balance } \\ \hline 71 & Beginning Balance & & & 18,000.00 & 18,000.00 & Cr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Account \# 220 Dividends Payable } \\ \hline \begin{tabular}{c} 2023 \\ Month-Day \end{tabular} & & \begin{tabular}{l} Journal \\ Page\# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & & 0.00 & 0.00 & Cr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|} \hline \multicolumn{6}{|c|}{ Note Payable } \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{l} Journal \\ Page\# \\ \end{tabular} & Debit & Credit & Balance \\ \hline 7-1 & Beginning Balance & & & 0.00 & \begin{tabular}{l|l|l} 0.00 & C \\ \end{tabular} \\ \hline 71 & & 1 & & 35,000.00 & \begin{tabular}{ll} 35,000.00 & C \\ \end{tabular} \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline Account \# & Comm & Stock & & & & \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & & 50,000.00 & 50,000.00 & Cr \\ \hline & & & & & & \\ \hline Account \# & Retaine & Earning & & & & \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{l} Journal \\ Page\# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & & 48,125.00 & 48,125.00 & Cr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Lenny's Lawn Service, Inc. - General Ledger } \\ \hline \multicolumn{7}{|c|}{ Account \# 400 Service Revenue } \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & Balance & \\ \hline 7-1 & Beginning Balance & & & 0.00 & 0.00 & Cr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Supplies Expense } \\ \hline \begin{tabular}{c|} 2023 \\ Month-Day \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & 0.00 & & 0.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline Account \# & Mower & pair E & & & & \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & 0.00 & & 0.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} Lenny's Lawn Service, Inc. - General Ledger \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{3}{|c|}{ Wages Expense } & \multirow[b]{2}{*}{ Debit } & \multirow[b]{2}{*}{ Credit } & \multirow[b]{2}{*}{ Balance } & \\ \hline \begin{tabular}{c|} 2023 \\ Month-Day \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & & & & \\ \hline 71 & Beginning Balance & & 0.00 & & 0.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Truck Rental Expense } \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & 0.00 & & 0.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Interest Expense } \\ \hline \begin{tabular}{c|} 2023 \\ Month-Day \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & 0.00 & & 0.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|l|} \hline \multicolumn{2}{|c|}{ Lenny's Lawn Service, Inc. - Chart of Accounts } \\ \hline \multirow{2}{*}{ Account \# } & \multicolumn{1}{c|}{ Account Name } \\ \cline { 2 - 2 } & Assets: \\ \hline 100 & Cash \\ \hline 105 & Accounts Receivable \\ \hline 110 & Supplies \\ \hline 150 & Equipment \\ \hline 155 & Accumulated Depreciation \\ \hline & Liabilities: \\ \hline 200 & Accounts Payable \\ \hline 205 & Wages Payable \\ \hline 210 & Interest Payable \\ \hline 215 & Unearned Revenue \\ \hline 220 & Dividends Payable \\ \hline 250 & Note Payable \\ \hline & Equity: \\ \hline 300 & Common Stock \\ \hline 305 & Retained Earnings \\ \hline & Revenues: \\ \hline 400 & Service Revenue \\ \hline & Expenses: \\ \hline 500 & Supplies Expense \\ \hline 505 & Mower Repair Expense \\ \hline 510 & Wages Expense \\ \hline 515 & Truck Rental Expense \\ \hline 520 & Depreciation Expense \\ \hline 550 & Interest Expense \\ \hline & \\ \hline \end{tabular} Lenny's Lawn Service, Inc. - General Journal \begin{tabular}{|c|c|c|c|c|c|} \hline & & & & & Page \# 1 \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \end{tabular} & \begin{tabular}{l} Account \\ Number \end{tabular} & Account Name & Posted & Debit & Credit \\ \hline 71 & 100 & Cash & x & 35,000.00 & \\ \hline & 250 & Notes Payable & x & & 35,000.00 \\ \hline & & Borrowed on Note Payable & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Lenny's Lawn Service, Inc. - General Ledger } \\ \hline \multicolumn{7}{|c|}{ Account \# 100 Cash } \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & 38,250.00 & & 38,250.00 & Dr \\ \hline 71 & & 1 & 35,000.00 & & 73,250.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Accounts Receivable } \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & \multicolumn{2}{|l|}{ Balance } \\ \hline 71 & Beginning Balance & & 33,500.00 & & 33,500.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{\begin{tabular}{|ll} Account \# 110 & Supplies \end{tabular}} \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{c} Journal \\ Page \# \end{tabular} & Debit & Credit & \multicolumn{2}{|l|}{ Balance } \\ \hline 71 & Beginning Balance & & 4,375.00 & & 4,375.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Account \# 150 Equipment } \\ \hline 2023 & & \multirow{2}{*}{\begin{tabular}{c} Journal \\ Page \# \\ \end{tabular}} & \multirow{2}{*}{ Debit } & \multirow{2}{*}{ Credit } & \multirow{2}{*}{\multicolumn{2}{|c|}{ Balance }} \\ \hline Month-Day & & & & & & \\ \hline 71 & Beginning Balance & & 48,000.00 & & 48,000.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} Lenny's Lawn Service, Inc. - General Ledger \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Accounts Payable } \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \end{tabular} & & \begin{tabular}{c} Journal \\ Page \# \\ \end{tabular} & Debit & Credit & \multicolumn{2}{|l|}{ Balance } \\ \hline 71 & \multirow[t]{6}{*}{ Beginning Balance } & & & 0.00 & 0.00 & Cr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{3}{|c|}{ Account \# 205} & \multirow[b]{2}{*}{ Debit } & \multirow[b]{2}{*}{ Credit } & & \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{c} Journal \\ Page \# \end{tabular} & & & \multicolumn{2}{|l|}{ Balance } \\ \hline 71 & Beginning Balance & & & 0.00 & 0.00 & Cr \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Account \# 210 Interest Payable } \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{c} Journal \\ Page \# \end{tabular} & Debit & Credit & \multicolumn{2}{|l|}{ Balance } \\ \hline 71 & Beginning Balance & & & 0.00 & 0.00 & Cr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Unearned Revenue } \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{c} Journal \\ Page \# \end{tabular} & Debit & Credit & \multicolumn{2}{|l|}{ Balance } \\ \hline 71 & Beginning Balance & & & 8,000.00 & 8,000.00 & Cr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} Directions Trans Chart Accts Journal GL Assets GL Liab-Equity GL Rev-Exp \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{2}{|c|}{ Dccount \# 220 Dividends Payable } \\ \hline 2023 & & \begin{tabular}{c} Journal \\ Page \# \end{tabular} & Debit & Credit & \multicolumn{2}{|c|}{ Balance } \\ \hline Month-Day & & & & 0.00 & 0.00 & Cr \\ \hline 71 & Beginning Balance & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Account \# 250} \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & & 0.00 & & Cr \\ \hline 71 & & 1 & & 35,000.00 & 35,000.00 & Cr \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Common Stock } \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{c} Journal \\ Page \# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & & 50,000.00 & \begin{tabular}{l} 50,000.00 \\ \end{tabular} & Crr \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline Account \# & Retaine & Earning & & & & \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & & 48,125.00 & \begin{tabular}{l} 48,125.00 \\ \end{tabular} & Cr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} Directions Trans Chart Accts Journal GL Assets GL Liab-Equity GL Rev-Exp \begin{tabular}{|c|} \hline Lenny's Lawn Service, Inc. - General Ledger \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline Account \# & Servic & Revenu & & & & \\ \hline \begin{tabular}{c|} 2023 \\ Month-Day \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & & 0.00 & 0.00 & Cr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline Account \# & Suppl & Expen & & & & \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{c} Journal \\ Page \# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & 0.00 & & 0.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline Account \# & Mowe & epair E & & & & \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{c} Journal \\ Page \# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & 0.00 & & 0.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Truck Rental Expense } \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \multirow[t]{2}{*}{\begin{tabular}{l} Journal \\ Page : \\ \end{tabular}} & Debit & Credit & \multicolumn{2}{|l|}{ Balance } \\ \hline 71 & Beginning Balance & & 0.00 & & 0.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline Account \# & Deprec & ation Ex & & & & \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{l} Journal \\ Page : \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & 0.00 & & 0.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline Account \# & Interes & Expens & & & & \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{l} Journal \\ Page : \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & 0.00 & & 0.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} CAUTION Enter amounts into the Financial Statements by typing in the amounts. Do NOT copy cells from the General Ledger or Pre-Closing Trial Balance. Note the new line item on Lenny's Income Statement Income from Operations. This is Lenny's income from the normal operations of the lawn mowing business. Interest Expense, which is not a cost of operating the business but rather a cost of financing the business, is shown below Income from Operations. Interest Expense is subtracted from Income from Operations to arrive at Net Income. This is the first time you have prepared a formal Statement of Stockholders' Equity for Lenny's. This statement shows what caused the change in Common Stock and in Retained Earnings from July 1, 2023 to July 31, 2023. Note that the Retained Earnings column on the statement looks different than the calculation you have been doing each month to determine the Retained Earnings amount needed for the Balance Sheet. Beginning Balance is the starting amount. In previous Retained Earnings calculations, you used Current Balance as the starting amount. Beginning Balance is the starting point for this calculation, because Dividends is shown as a line item (a deduction) in the Retained Earnings column. The Ending Balance in the Retained Earnings column is the balance needed for the Balance Sheet. Enter amounts into the Balance Sheet by typing in the amounts. Do NOT copy cells from the General Ledger or Pre-Closing Trial Balance. Note the following three new sub-totals appearing on Lenny's Balance Sheet: Total Current Assets is a total of those assets, which will turn-into cash during the next 12 months or be consumed during the next 12 months. The comparison of Total Current Assets to Total Current Liabilities gives some indication of Lenny's liquidity -that is, its ability to pay its bills in the short-term. Property \& Equipment, net is the amount of Fixed Asset cost, which remains to be depreciated in future accounting periods. Total Current Liabilities is a total of those liabilities that will require payment in the next 12 months. In the case of Unearned Revenue, this current liability will be "paid-off" by Lenny's delivering mowing services to the university. CAUTION Enter amounts into the Post-Closing Trial Balance by typing in the amounts. Do NOT copy cells from the General Ledger. \begin{tabular}{|c|c|} \hline \multicolumn{2}{|r|}{ Additional Information } \\ \hline Equipment: & \begin{tabular}{l} The $48,000.00 beginning balance in the Equipment account relates to the mowing equipment \\ which was purchased on January 2, 2022. For information related to this mowing equipment \\ see Page 70 in the Solid Footing file CHAPTER 07 a - Intro to Adjusting Entries.pdf. \\ This equipment continues to be used and should be depreciated for the month of July. \\ The following information relates to the new equipment which was purchased on July 1,2023 : \\ The new equipment was placed into service on July 1,2023 and should be depreciated \\ for the month of July. \\ The estimated useful life of the new equipment is 5 years. \\ At the end of 5 years, the new equipment will have no future value and will be scrapped. \\ The new equipment will be depreciated using the straight-line method. \end{tabular} \\ \hline Supplies: & As the end of July there are $24,800.00 supplies on-hand. \\ \hline \begin{tabular}{l} Mowing Service \\ at the University: \end{tabular} & \begin{tabular}{l} The monthly mowing service was provided to the university per the contract signed on April 1, 2023. \\ For information on the contract with the university and the related advance payment, see \\ Pages 95 and 98 in the Solid Footing file CHAPTER 08 a - Adjusting Entries Continued.pdf. \end{tabular} \\ \hline \begin{tabular}{l} Wages Due \\ the Employees: \end{tabular} & \begin{tabular}{l} The last wage payment was made to the employees on July 28,2023 . The employees worked on \\ July 29,30 , and 31 . For these three days of work the employees earned $2,325.00 of wages. \\ These three days of wages will be paid to the workers during the first week of August. \end{tabular} \\ \hline Bank Loan: & \begin{tabular}{l} The interest on the loan from 1st Bank will be paid every three months. The first interest payment \\ to the bank will be made on September 30,2023. Lenny's calls the bank on July 31 and the \\ bank indicates that the interest on the loan for July is $950.00. \end{tabular} \\ \hline \end{tabular} Lenny's Lawn Service, Inc. - General Ledger \begin{tabular}{|c|c|c|c|c|c|c|} \hline Account \# & Cash & & & & & \\ \hline \begin{tabular}{c} 2023 \\ Month-Day \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & 38,250.00 & & 38,250.00 & Dr \\ \hline 71 & & 1 & 35,000.00 & & 73,250.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Accounts Receivable } \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & \multicolumn{2}{|l|}{ Balance } \\ \hline 71 & Beginning Balance & & 33,500.00 & & 33,500.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Lenny's Lawn Service, Inc. - General Ledger } \\ \hline \multicolumn{7}{|c|}{ Account \# 110} \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & 4,375.00 & & 4,375.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Account \# 150 Equipment } \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & \multicolumn{2}{|l|}{ Balance } \\ \hline 71 & Beginning Balance & & 48,000.00 & & 48,000.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Account \# 155} \\ \hline 2023 & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & \multicolumn{2}{|l|}{ Balance } \\ \hline 71 & Beginning Balance & & & 18,000.00 & 18,000.00 & Cr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Account \# 220 Dividends Payable } \\ \hline \begin{tabular}{c} 2023 \\ Month-Day \end{tabular} & & \begin{tabular}{l} Journal \\ Page\# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & & 0.00 & 0.00 & Cr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|} \hline \multicolumn{6}{|c|}{ Note Payable } \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{l} Journal \\ Page\# \\ \end{tabular} & Debit & Credit & Balance \\ \hline 7-1 & Beginning Balance & & & 0.00 & \begin{tabular}{l|l|l} 0.00 & C \\ \end{tabular} \\ \hline 71 & & 1 & & 35,000.00 & \begin{tabular}{ll} 35,000.00 & C \\ \end{tabular} \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline Account \# & Comm & Stock & & & & \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & & 50,000.00 & 50,000.00 & Cr \\ \hline & & & & & & \\ \hline Account \# & Retaine & Earning & & & & \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{l} Journal \\ Page\# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & & 48,125.00 & 48,125.00 & Cr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Lenny's Lawn Service, Inc. - General Ledger } \\ \hline \multicolumn{7}{|c|}{ Account \# 400 Service Revenue } \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & Balance & \\ \hline 7-1 & Beginning Balance & & & 0.00 & 0.00 & Cr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Supplies Expense } \\ \hline \begin{tabular}{c|} 2023 \\ Month-Day \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & 0.00 & & 0.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline Account \# & Mower & pair E & & & & \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & 0.00 & & 0.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} Lenny's Lawn Service, Inc. - General Ledger \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{3}{|c|}{ Wages Expense } & \multirow[b]{2}{*}{ Debit } & \multirow[b]{2}{*}{ Credit } & \multirow[b]{2}{*}{ Balance } & \\ \hline \begin{tabular}{c|} 2023 \\ Month-Day \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & & & & \\ \hline 71 & Beginning Balance & & 0.00 & & 0.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Truck Rental Expense } \\ \hline \begin{tabular}{|c|} 2023 \\ Month-Day \\ \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & 0.00 & & 0.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Interest Expense } \\ \hline \begin{tabular}{c|} 2023 \\ Month-Day \end{tabular} & & \begin{tabular}{l} Journal \\ Page \# \end{tabular} & Debit & Credit & Balance & \\ \hline 71 & Beginning Balance & & 0.00 & & 0.00 & Dr \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular}