Mike Greenberg opened Pina Window Washing Inc. on July 1, 2022. During July, the following transactions were completed. July 1 Issued 11,500 shares of common stock for $11,500 cash.
1 Purchased used truck for $7,680, paying $1,920 cash and the balance on account.
3 Purchased cleaning supplies for $860 on account.
5 Paid $1,680 cash on a 1-year insurance policy effective July 1.
12 Billed customers $3,550 for cleaning services performed.
18 Paid $960 cash on amount owed on truck and $480 on amount owed on cleaning supplies.
20 Paid $1,920 cash for employee salaries.
21 Collected $1,540 cash from customers billed on July 12.
25 Billed customers $2,400 for cleaning services performed.
31 Paid $280 for maintenance of the truck during month.
31 Declared and paid $580 cash dividend.

Required:
Prepare a trial balance, adjusting entries, adjustede trial balance.

July 1 Issued 11,500 shares of common stock for $11,500 cash.

Dr Cash 11,500

    Cr Common stock 11,500

July 1 Purchased used truck for $7,680, paying $1,920 cash and the balance on account.

Dr Vehicles 7,680

    Cr Cash 1,920

    Cr Accounts payable 5,760

July 3 Purchased cleaning supplies for $860 on account.

Dr Supplies 860

    Cr Accounts payable 860

July 5 Paid $1,680 cash on a 1-year insurance policy effective July 1.

Dr Prepaid insurance 1,680

    Cr Cash 1,680

July 12 Billed customers $3,550 for cleaning services performed.

Dr Accounts receivable 3,550

    Cr Service revenue 3,550

July 18 Paid $960 cash on amount owed on truck and $480 on amount owed on cleaning supplies.

Dr Accounts payable 1,440

    Cr Cash 1,440

July 20 Paid $1,920 cash for employee salaries.

Dr Wages expense 1,920

    Cr Cash 1,920

July 21 Collected $1,540 cash from customers billed on July 12.

Dr Cash 1,540

    Cr Accounts receivable 1,540

July 25 Billed customers $2,400 for cleaning services performed.

Dr Accounts receivable 2,400

    Cr Service revenue 2,400

July 31 Paid $280 for maintenance of the truck during month.

Dr Truck maintenance expenses 280

    Cr Cash 280

July 31 Declared and paid $580 cash dividend.

Dr Dividends 580

    Cr Cash 580

Dr Cash $5,220

Dr Accounts receivable $4,410

Dr Supplies $860

Dr Prepaid insurance $1,680

Dr Vehicles $7,680

    Cr Common stock $11,500

    Cr Accounts payable $5,180

    Cr Service revenue $5,950

Dr Wages expense $1,920

Dr Truck maintenance expenses $280

Dr Dividends $580

totals $22,630    $22,630

The only adjusting entry that we can record appropriately is insurance expense:

Dr Insurance expense 140

    Cr prepaid insurance 140

We should also record adjusting entries for

but we are not given any amounts.

Dr Cash $5,220

Dr Accounts receivable $4,410

Dr Supplies $860

Dr Prepaid insurance $1,540

Dr Vehicles $7,680

    Cr Common stock $11,500

    Cr Accounts payable $5,180

    Cr Service revenue $5,950

Dr Wages expense $1,920

Dr Truck maintenance expenses $280

Dr Insurance expense $140

Dr Dividends $580

totals $22,630    $22,630

the answer is i don't know