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Accounting

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Manny Gill is an entrepreneur who started West Secure, a business that provides a number of security guard services. West Secure incurred the following transactions during July 2023, its first month of operations: 3uty 1. The owner. Manny 6ill, invested 56, ,e0e cash. 10 Purchased $3,500 worth of security equiphent on credit. 12 Performed security services for a sotd-eut concert and received $11, ,esa cash frobe. the elient. 14 Paid tor expenses; $4,500. 15 Cospleted security services for a graduation event and sent the client a oftt for 52,000 . 31 the omner withdren 5350 cash for persenat use. Required: 2. Record the journal entries for the month of July. 1\& 3. Post the July journal entries into your general ledger accounts. Include the date next to each number posted. Determine the balances. 4. Prepare a trial balance using the balances in your general ledger accounts. 5. Prepare an income statement, statement of changes in equity, and balance sheet based on your trial balance. 4 WEST SECURE Statement of Changes in Equity For Month Ended July 31, 2023 40 points Print. Prev 4 of 4 Next

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