Prepare General Journal Entries for the following transactions. Then post the journal entries to the General Ledger. and them prepare an Unadjusted Trial Balance and Adjusted Trial Balance once adjusting entries are posted. July 1 Reggie Dunlop invested Cash $30,000 and Buildings worth $150,000 in the company and received Common Stock. July 2 The company rented equipment by paying $2,000 cash for month's (July ) rent. July 5 The company purchased $2,400 of office supplies for cash. July 10 The company paid $7,200 cash for the premium on a 12-month insurance policy. Coverage begins on July 11. July 14 The company paid an employee $1,000 cash for two weeks' salary earned. July 24 The company collected $9,800 cash for storage fees from customers. July 28 The company paid $1,000 cash for two weeks' salary earned by an employee. July 29 The company paid $950 cash for minor repairs to a leaking roof. July 30 The company paid $400 cash for this month's telephone bill. July 31 Shareholder was paid $2,000 cash in Dividends. Use the following information to journalize and post adjusting entries for the month to the Ledger. (a). Two-thirds of one month's insurance coverage has expired. (b). At the end of the month $1,525 of office supplies are still available. This month's depreciation on the buildings is $1,500 (d).An employee earned $100 of unpaid and unrecorded salary as of month end. The company earned $1,150 of storage fees that are not yet billed at month- End.

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