Question

please post to the unadjusted trial balance and the adjusted entries . the adjusted journal entries only has 5 entries (A-E)

References Mailings Review View Help Аавьссос | Аавьсебе Аавьс Аавьссі Аав 1 Normal 1 No Spac. Heading 1 Heading 2 Title Paragraph Styles ACCT 313 Project – Fall 2020 On July 1, 2018, Sally Jo started a rental business, Sally's Rentals. The following transactions occurred during the company's first month: Jul 1 Sally invested $70,000 cash Jul 1 In addition to cash, Sally invested buildings worth $100,000 in the company Jul 2 The company rented equipment by paying $2,000 cash for the first month's rent Jul 5 The company purchased $3,000 of office supplies for cash Jul 10 The company paid $6,000 cash for the premium on a 12-month insurance policy coverage begins on July 11 Jul 14 The company paid an employee $1,000 cash for two weeks' salary earned Jul 24 The company collected $9,000 cash for rental fees from customers Jul 28 The company paid $1,000 cash for two weeks' salary earned by an employee Jul 29 The company paid S600 cash for minor repairs to a leaking roof Jul 30 the company paid $200 cash for this month's telephone bill Jul 31 Sally withdrew $2,200 cash from the company for personal use

Answer 1

Sally's Rentals

Unadjusted Trial Balance

As of July 31,2018

Number	Account Name	Debit	Credit
101	Cash	$79,000	$16,000
106	Accounts Receivable
124	Office Supplies
128	Prepaid Insurance
173	Building	$1,00,000
174	Accumulated Depreciation- Buildings
209	Salaries Payable
301	Sally Jo, Capital		$1,70,000
302	Sally Jo, Withdrawals	$2,200
401	Rental Fees Earned		$9,000
606	Depreciation Expenses - Building
622	Salaries Expense	$2,000
637	Insurance Expense	$6,000
640	Rent Expense	$2,000
650	Office Supplies Expense	$3,000
684	Repair Expense	$600
688	Telephone Expense	$200
901	Income Summary
	TOTALS	$1,95,000	$1,95,000