IRENES COIN LAUNDRY TRIAL BALANCE June 30, 2007 Acct.

Number Cash Account Receivables Supplies Equipment Account Payable Unearned Revenue Irene Bova, capital Debit Php 8,750.00 Php 2,300.00 Php 1,900.00 Php 9,000.00 Credit

Php 21,970.00 July transactions were as follows: Received Php 850 cash from customers on account Billed customers for services performed, Php 6,300.00 Paid employee salaries, Php 1.400.00 Performed Php 600.00 of services for customers who paid in advance Paid Php 2,000.00 to creditors on account Received Php 250.00 for services rendered on cash basis Purchased supplies on account, at a cost of Php 350.00 Withdrew Php 600.00 for personal use Paid utilities, Php 900.00

Php 5,900.00 Php 800.00 Php 15,270.00 Php 21,970.00

Required: a. Chart of Accounts b. July Journal entries c. General ledger postings for the month d. Trial balance

Not e

The Account Numbers were given & theres also an account entitled Income Summary, Account No. 800.

e. Income Statement f. Balance Sheet

g. Statement of Changes in Equity h. Statement of Cash Flow i. j. Closing Journal Entries Post-closing Trial Balance

Not e

The Account Numbers were given & theres also an account entitled Income Summary, Account No. 800.