Question

Mike Greenberg opened Bramble Window Washing Inc. on July 1, 2022. During July, the following transactions were completed.

July 1		Issued 9,400 shares of common stock for $9,400 cash.
1		Purchased used truck for $6,240, paying $1,560 cash and the balance on account.
3		Purchased cleaning supplies for $700 on account.
5		Paid $1,440 cash on a 1-year insurance policy effective July 1.
12		Billed customers $2,890 for cleaning services performed.
18		Paid $780 cash on amount owed on truck and $390 on amount owed on cleaning supplies.
20		Paid $1,560 cash for employee salaries.
21		Collected $1,250 cash from customers billed on July 12.
25		Billed customers $1,950 for cleaning services performed.
31		Paid $230 for maintenance of the truck during month.
31		Declared and paid $470 cash dividend.

The chart of accounts for Bramble Window Washing contains the following accounts: Cash, Accounts Receivable, Supplies, Prepaid Insurance, Equipment, Accumulated Depreciation—Equipment, Accounts Payable, Salaries and Wages Payable, Common Stock, Retained Earnings, Dividends, Income Summary, Service Revenue, Maintenance and Repairs Expense, Supplies Expense, Depreciation Expense, Insurance Expense, and Salaries and Wages Expense.

Journalize the following adjustments. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

(1)		Services performed but unbilled and uncollected at July 31 were $1,330.
(2)		Depreciation on equipment for the month was $140.
(3)		One-twelfth of the insurance expired.
(4)		A count shows $250 of cleaning supplies on hand at July 31.
(5)		Accrued but unpaid employee salaries were $310.

Post adjusting entries to the T-accounts.

* Above is the question I need to answer. All other information is for use in finding the correct answer.

Answer 1

Cash
Beg. bal.	0
July 1	9,400
July 1		1,560
July 5		1,440
July 18		1,170
July 20		1,560
July 21	1,250
July 31		230
July 31		470
End. bal.	4,220
Accounts Receivable
Beg. bal.	0
July 12	2,890
July 21		1,250
July 25	1,950
Adj. 1	1,330
End. bal.	4,920
Supplies
Beg. bal.	0
July 3	700
Adj. 4		450
End. bal.	250
Prepaid Insurance
Beg. bal.	0
July 5	1,440
Adj. 3		120
End. bal.	1,320
Equipment
Beg. bal.	0
July 1	6,240
End. bal.	6,240
Accumulated Depreciation : Equipment
Beg. bal.		0
Adj. 2		140
End. bal.		140
Accounts Payable
Beg. bal		0
July 1		4,680
July 3		700
July 18	1,170
End. bal.		4,210
Salaries and Wages Payable
Beg. bal.		0
Adj. 5		310
End. bal.		310
Common Stock
Beg. bal.		0
July 1		9,400
End. bal.		9,400
Retained Earnings
Beg. bal.		0
Dividends
Beg. bal.	0
July 31	470
End. bal.	470
Service Revenue
July 12		2,890
July 25		1,950
Adj.		1,330
		6,170
Maintenance and Repairs Expense
July 31	230
Supplies Expense
Adj. 4	450
Depreciation Expense
Adj. 2	140
Insurance Expense
Adj 3	120
Salaries and Wages Expense
July 20	1,560
Adj. 5	310
	1,870