Question

UPUUCIU Fonte 2 Alignment B21 Number ACC 101 Comprehensive Problem Seaside Cleaning Service REQUIRED 5 Step 1 Step 2 Step 3 3 Step 4 Step 5 0 Step 6 Journalize the July transactions. Use journal page 1. Post the July transactions from page J1 to the general ledger. Prepare a trial balance at July 31 using the running balance total for each account in the ledger Journalize the adjusting entries. Use journal page 2 Post the July adjusting entries from page J2 to the general ledger. Prepare an adjusted trial balance at July 31 using the updated running balance total for each account in the ledger Prepare the Income Statement for July Prepare the Statement of Owners Equity for July Prepare a classified Balance Sheet at July 31, 2019. Journalize the necessary closing entries. Use journal page 3. Post the July closing entries from page 33 to the general ledger Prepare a post-closing trial balance at July 31 2 Step 7 3 Step 8 4 Step 9 5 Step 10 6 Step 11 7 Step 12 5-OCCO

so the first picture is the steps , second picture is the data, and i have to make a journal entry then a ledger and trail balance

Answer 1

Solution.

JOURNAL
Date		Description	Debit	Credit
July	1	Cash	$   39,870
		Equipment-Cleaning	$     7,545
		M. Johnson, Capital		$   47,415
	1	Equipment-Truck	$   10,500
		Cash		$    2,500
		Account Payable		$    8,000
	3	Supplies	$     1,794
		Account Payable		$    1,794
	5	Prepaid Insurance	$     1,800
		Cash		$    1,800
	12	Account Receivable	$     4,813
		Service Revenue		$    4,813
	15	Cash	$     1,650
		Unearned Service Revenue		$    1,650
	18	Account Payable	$     1,200
		Cash		$    1,200
	20	Salaries and Wage Expense	$        698
		Cash		$       698
	21	Cash	$     3,632
		Account Receivable		$    3,632
	25	Account Receivable	$     6,275
		Service Revenue		$    6,275
	31	Maintenance/Gasoline Expense	$        297
		Cash		$       297
	31	M. Johnson, Withdrawal	$     1,000
		Cash		$    1,000
Adjusting Entries
July	31	Account Receivable	$     2,476
		Service Revenue		$    2,476
	31	Depreciation Expense	$        175
		Acc. Depreciation- Truck		$       175
	31	Unearned Service Revenue	$        450
		Service Revenue		$       450
	31	Insurance Expense	$        150
		Prepaid Insurance		$       150
	31	Supplies Expense	$     1,273
		Supplies		$    1,273
	31	Salaries and Wage Expense	$        287
		Salaries and Wage Payable		$       287

GENERAL LEDGER
Account: Cash                                        Account No.101
			Post			Balance
Date		Item	Ref.	Debit	Credit	Debit	Credit
July	1	Capital		$ 39,780		$ 39,780
	1	Equipment			$ 2,500	$ 37,280
	5	Pre. Insurance			$   1,800	$   35,480
	15	Unearned S Revenue		$    1,650		$   37,130
	18	Account Payable			$   1,200	$   35,930
	20	Salaries and wage			$     698	$ 35,232
	21	Account Receivable		$   3,632		$ 38,864
	31	Gasoline			$     297	$   38,567
Account: Equipment-Cleaning                                     Account No.
Date		Item	Ref.	Debit	Credit	Debit	Credit
July	1	Capital		$   7,545		$    7,545
Account: M. Johnson, Capital                                     Account No.
July	1	Cash		$ 39,780		$ 39,780
	1	Equipment-Cleaning		$   7,545		$ 47,415
Account: Equipment-Truck                                Account No.
Date		Item	Ref.	Debit	Credit	Debit	Credit
July	1	Cash		$   2,500		$    2,500
	1	Account Payable		$   8,000		$ 10,500
Account: Account Payable                                Account No.
July	1	Equipment-Truck			$ 8,000		$ 8,000
	3	Supplies			$ 1,794		$ 9,794
	18	Cash		$   1,200			$ 8,594
Account: Supplies                              Account No.
Date		Item	Ref.	Debit	Credit	Debit	Credit
July	3	Account Payable		$   1,794		$    1,794
Account:Prepaid Insurance                              Account No.
Date		Item	Ref.	Debit	Credit	Debit	Credit
July	5	Cash		$   1,800		$    1,800
Account: Account Receivable                             Account No.
Date		Item	Ref.	Debit	Credit	Debit	Credit
July	12	Service Revenue		$   4,813			$ 4,813
	21	Cash			$ 3,632		$ 1,181
	25	Service Revenue		$   6,275			$ 7,456
Account: Service Revenue                            Account No.
Date		Item	Ref.	Debit	Credit	Debit	Credit
July	12	Account Receivable		$   4,813			$ 4,813
	25	Account Receivable		$   6,275			$ 11,088
Account: Unearned Service Revenue                            Account No.
Date		Item	Ref.	Debit	Credit	Debit	Credit
July	15	Cash			$ 1,650		$ 1,650
Account: Salaries and Wage Expense                            Account No.
Date		Item	Ref.	Debit	Credit	Debit	Credit
July	20	Cash		$     698			$     698
Account: Gasoline Expense                            Account No.
Date		Item	Ref.	Debit	Credit	Debit	Credit
July	31	Cash		$     297		$      297
Account: M. Johnson, Withdrawal                           Account No.
Date		Item	Ref.	Debit	Credit	Debit	Credit
July	31	Cash		$   1,000		$    1,000

Un-Adjusted Trial Balance, July 31, 2019
Items	Debit	Credit
Cash	$ 38,657
Supplies	$   1,794
Account Receivable	$   7,456
Prepaid Insurance	$   1,800
Equipment-cleaning	$   7,545
Equipment-Truck	$ 10,500
Account Payable		$   8,594
Unearned Service Revenue		$   1,650
M. Johnson, Capital		$ 47,415
M. Johnson, Withdrawal	$   1,000
Service Revenue		$ 11,088
Salaries and Wage Expense	$      698
Gasoline Expense	$      297
Total	$ 69,747	$ 68,747