The trial balance of American Dry Cleaners on June 30 is given here.
AMERICAN DRY CLEANERSTrial BalanceJune 30, 2014
CashAccounts ReceivableSuppliesEquipmentAccounts PayableUnearned Service RevenueCommon StockRetained EarningsDebit$15,53210,5363,59225,950$55,610Credit$15,8001,81025,00013,000$55,610
The July transactions were as follows.
July 8 Received $10,189 in cash on June 30 accounts receivable.
9 Paid employee salaries$2,100.
11 Received $7,320 in cash for services performed.
14 Paid creditors$4,810 of accounts payable.
17 Purchased supplies on account $720.
22 Billed customers for services performed$4,700.
30 Paid employee salaries $3,114, utilities$1,767, and repairs $386.
31 Paid$400 cash dividend.
Instructions
(b) Journalize the transactions, including explanations.