311 J. Lara, Capital
312 J. Lara, Drawing
Lara Landscaping completed the following transactions in July:
July 2 Paid rent for the month of July, $580.
3 Billed Java Condos for services performed, $500.
7 Received cash on account from Java Condos, $218.
9 Bought equipment on account from Bray Equipment, $610.
12 Received and paid telephone bill, $95.
15 Billed City Hall for services performed, $310.
20 Paid cash for liability insurance (six months), $350.
21 J. Lara invested in the business her personal equipment having a fair market value
of $495.
23 Paid $200 on account to Bray Equipment.
31 Paid wages to part-time employee, $248.
31 Received cash for services performed, $2,723.
31 J. Lara withdrew cash for personal use, $515.
Journalize and post the transactions, and then prepare Trial Balance for July. Please use the Excel template
provided. (30 points)
2. Below are selected transactions of Emmet Tree Service. Journalize and post transactions. And then
prepare the Trial Balance to show the equality of debit and credit balances. Please use the template
provided. (30 Points)
0
. B. J. Emmet invested $14,500 cash in the business. H
. B. J. Emmet withdrew $740 for personal us