Journalizing, posting, preparing a trial balance, and financial statements LO3, 5, 6.
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:
July 1 The owner, Manny Gill, invested $4,700 cash.
10 Purchased $2,200 worth of security equipment on credit.
12 Performed security services for a sold-out concert and received $11,000 cash from the client.
14 Paid for expenses; $3,200.
15 Completed security services for a graduation event and sent the client a bill for $1,350.
31 The owner withdrew $220 cash for personal use.