Question: Current Attempt in Progress At June 30,2022 , the end of its most recent fiscal year, Green River Computer Consultants' post-closing trial balance was as

 Current Attempt in Progress At June 30,2022 , the end of

Current Attempt in Progress At June 30,2022 , the end of its most recent fiscal year, Green River Computer Consultants' post-closing trial balance was as follows: The company underwent a major expansion in July. New staff was hired and more financing was obtained. Green River conducted the following transactions during July 2022 , and adjusts its accounts monthly. July 1 Purchased equipment, paying $4,000 cash and signing a 2-year note payable for $20,000. The equipment has a 4-year useful life. The note has a 6% interest rate which is payable on the first day of each following month. 2 Issued 20,000 shares of common stock for $50,000cash. 3. Paid $3,600 cash for a 12 -month insurance policy effective July 1 . 3 Paid the first 2 (July and August 2022) months' rent for an annual lease of office space for $4,000 per month. 6 Paid $3,800 for supplies. 9 Visited client offices and agreed on the terms of a consulting project, Green River will bill the client, Connor Productions, on the 20 th of eachmonth for services performed. Current Attempt in Progress At June 30,2022 , the end of its most recent fiscal year, Green River Computer Consultants' post-closing trial balance was as follows: The company underwent a major expansion in July. New staff was hired and more financing was obtained. Green River conducted the following transactions during July 2022 , and adjusts its accounts monthly. July 1 Purchased equipment, paying $4,000 cash and signing a 2-year note payable for $20,000. The equipment has a 4-year useful life. The note has a 6% interest rate which is payable on the first day of each following month. 2 Issued 20,000 shares of common stock for $50,000cash. 3. Paid $3,600 cash for a 12 -month insurance policy effective July 1 . 3 Paid the first 2 (July and August 2022) months' rent for an annual lease of office space for $4,000 per month. 6 Paid $3,800 for supplies. 9 Visited client offices and agreed on the terms of a consulting project, Green River will bill the client, Connor Productions, on the 20 th of eachmonth for services performed

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