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what is the general journal entry of the Adjusted entries of supplies expense & Supplies and same for unearned reveneue & Service Revenue?

Lenny's Lawn Service, Inc. - Transactions - Additional Information July 2021 Transactions Date Description of the Transaction DODOO DDDDDD July 1 Borrow $35,000.00 from 1st Bank by signing a 24 month note. (As an example of how to Journalive and post a transaction - this transaction has already been entered into the General Journal and posted to the General Ledger) July 1 Receive $65,700.00 cash from new investors, and issue $65,700.00 of Common Stock to them July 1 Purchase $43,800.00 of new mowing equipment paying cash to the mower dealer July 1 Pay $500.00 cash for the July truck rental July 3 Invoice a new customer $4.725.00 for a completed mowing job - Customer will pay in 10 days July 5 The Board of Directors declares a cash dividend. The total amount of the dividend is $25,000.00 Tho Date of Record is set as July 15 The Date of Payment is not as July 31. July 7 Pay the employees $5,800.00 for work perfomed dunng the 1st week of July July 10 Complete a mowing job for a new customer-customer pays $4 200,00 cash for the job July 12 Collect $3.500,00 cash from the golf course for special rush mowing ob completed on May 31 July 14 Pay the employees $7.000.00 for work performed during the 2nd week of July July 15 Purchase $1,020.00 of supplies from the mower dealer. The supplies are consumed immediately. Lenny's will pay the mower dealer for the supplies in about 2 weeks July 15 Collect $4,726.00 on account. The cash that is received is from the new customer for the job that was completed on July 3 July 17 One of the original mowers purchased in January of 2020 broke down and is repaired by the mower dealer. The cost of the Mower Repair job is $429.90. Lenny's will pay the mower dealer in 30 days July 19 Purchase for cash $22.750.00 of supplies. The supplies will be consumed over the next 12 months July 20 Collect $30,000.00 from the property management company for work performed in June July 21 Pay the employees $7,100.00 for work perfomed during the 3rd week of July. July 23 Receive a $21,500.00 advance payment from the university. The advance payment is for 6 months of work which will be performed from August 1, 2021 to January 31, 2022. July 25 Complete a special mowing job for the golf course. The total price for the mowing job is $5,200.00 The golf course pays $500,00 cash on this date and will pay the romainder on August 25 July 27 Complete a mowing for a new customer-customar pays $3,900.00 cash for the ab July 27 Pay $1.020,00 cash to the mower dealer for the supplies purchased on account on July 15. July 28 Pay the employees, 56,100.00 for work performed during the 4th week of July July 31 Invoice the property management company $20.000.00 for July mowing work. The property management company will pay the invoice on the 20th of next month, July 31 Pay the cash dividend which was declared on July 5. ODO UODIO Additional Information Equipment: The $48,000.00 beginning balance in the Equipment account relates to the mowing equipment which was purchased on January 2, 2020. For information related to this mowing equipment see Page 70 in the Solid Footing text (PDF 07 - Intro to Adjusting Entries). This equipment continues to be used and should be depreciated for the month of July The following information relates to the new equipment which was purchased on July 1, 2021: + The new equipment was placed into service on July 1, 2021 and should be depreciated for the month of July The estimated useful life of the new equipment is 5 years. At the end of 5 years, the new equipment will have no future value and will be scrapped. The new equipment will be depreciated using the straight-line method At the end of July there are $24,150.00 supplies on-hand. Supplies: Mowing Service at the University: The monthly mowing service was provided to the university per the contract signed on April 1, 2021 For infomation on the contract with the university and the related advance payment, see Pages 95 and 98 in the Sold Footing text (PDF 08 - Adjusting Entries Continued) Wages Due the Employees: The last wage payment was made to the employees on July 28, 2021. The employees worked on July 29, 30, and 31. For these three days of work the employees eamed $3,375.00 of wages. These three days of wages will be paid to the workers during the first week of August. Bank Loan: The interest on the loan from 1st Bank will be paid every three months. The first interest payment to the bank will be made on September 30, 2021. Lenny's calls the bank on July 31 and the bank indicates that the interest on the loan for July is $915.00 Jorge Rodrigues Lenny's Lawn Service, Inc. - General Journal Page 1 Posted Debit Credit 2021 Month-Day 7-1 35,000.00 35,000.00 7-1 65,700.00 65,700.00 7-1 43,800.00 43,800.00 7-1 500.00 500.00 7-3 4,725.00 4,725.00 7-5 25,000.00 25,000.00 7-7 5,800.00 5,800.00 7-10 4,200.00 4,200.00 7-12 3,500.00 Account Account Name Number 100 Cash 250 Notes Payable Borrowed on Note Payable Cash Common Stock Equipment Cash Truck Rental Expense Cash Accounts Receivable Service Revenue Retained Eamings Dividends Payable Debit Wage expense Cash Cash Service Revenue Cash Accounts Receivable Wages Expense Cash Supplies Expense Accounts Payable Cash Accounts Receivable Mower Repair Expense Accounts Payable Supplies Cash Cash Accounts Receivable Wages Expense Cash Cash Uneamed Revenue Cash Accounts Receivable 3,500.00 7-14 7,000.00 7,000.00 7-15 1,020.00 1.020.00 7-15 4,725.00 4,725.00 7-17 420.00 420.00 7-19 22,750.00 22,750.00 7-20 30,000.00 30,000.00 7-21 7,100.00 7,100.00 7-23 21,500.00 21,500.00 7-25 500.00 4,700.00 Lenny's Lawn Service, Inc. - General Journal Page 2 2021 Month-Day Account Number Account Name Posted Debit Credit 5,200.00 7-27 3,900.00 3,900.00 7-27 1,020.00 1,020.00 7-28 Service Revenue Cash Service Revenue Accounts Payable Cash Wages Expense Cash Accounts Receivable Service Revenue Dividends Payable Cash 6,100.00 6,100.00 7-31 20,000.00 20,000.00 7-31 25,000.00 25,000.00 7-31 Adjusting Entries Depreciation Expense Accumulated Depreciation 800.00 800.00 7-31 Supplies Expense Supplies 7-31 Uneamed revenue Service Revenue 7-31 3,375.00 Wage Expense Wage Payable 3,375.00 7-31 Interest Expense Interest Payable 915.00 915.00

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