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On 1 July 2 0 2 3 , Jacky Russell started a lawn mowing business, Jacky s Lawn. The following transactions occurred during March: July

On 1 July 2023, Jacky Russell started a lawn mowing business, Jackys Lawn. The following
transactions occurred during March:
July 1 Jacky contributed $55000 cash to the business in exchange for capital.
1 Purchased $9000 equipment paying in cash.
1 Paid $16000 cash to purchase land to be used in operations.
9 Paid $1000 for a four-month insurance policy starting on 1 December.
10 Purchased office supplies on credit, $2900
19 Borrowed $30000 from the bank for business use. Jacky signed a loan payable to the
bank
22 Paid $1200 for advertising expenses.
26 Paid $500 on account
28 The business received a bill for electricity and gas to be paid in April August, $230
31 Revenue earned during the month included $20500 cash and $3300 on credit.
31 Paid employees salaries $3100 and building rent $1000.
31 The business received $10500 for service to be performed in November.
31 Jacky withdrew cash of $3500 for a holiday with his girlfriend Michelle.
The business uses the following accountings: cash, Accounts receivable, office supplies, prepaid
insurance, equipment, accumulated depreciation-equipment, land, accounts payable, electricity
and gas payable, interest payable, unearned revenue, loans payable, Jacky Capital, Jacky
withdrawals, income summary, service revenue, salaries expense, rent expense, electricity and
gas expense, advertising expense, supplies expense, insurance expense, interest expense, and
depreciation expense equipment.
Adjustment information
a. Office supplies used during the month $900
b. Depreciation for the month $ 150
c. One month of insurance has expired
d. Accrued interest expense $75
REQUIRED::
Prepare an unadjusted trial balance

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