[Solved] Table 7-9 The following transactions occurred during the month of July for Lancer Company. \(\begin{array}{llcc} \text {July 1 } &\text {Sold Merchandise on credit for \( \$ 3,100 \) to Chris Co, \( 2 / 10, \mathrm{n} 30 \), Invoice 316 . } \\ \text { 7 } & \text { Sold merchandise on credit to D. James for \( \$ 900,2 / 20 \), n 30 , Invoice 317 . }\\ \text {8 } &\text {Borrowed \( \$ 2,750 \) by giving a note to the bank. }\\ \text {13 } &\text {Owner invested an additional \( \$ 3,500 \) cash into the business. }\\ \text { 18 } &\text { Sold merchandise to \( M \). Garnett for \( \$ 230 \) cash.}\\ \text { 22} &\text { Sold merchandise to \( \mathrm{ABC} \) Co. \( \$ 2,100 \), Invoice \( 318 \mathrm{n} / 30 \). }\\ \text {27 } & \text { Received payment from D. James for the July 7 purchase. }\\ \text {30 } &\text {Paid salaries of \( \$ 1,600 \). }\\ \end{array}\) -Refer to Table 7-9. Using the general ledger, prepare a trial balance. \(\quad \)\(\quad \)\(\quad \)\(\quad \)\(\quad \)\(\quad \)\(\quad \)\(\quad \)\(\text { Trial Balance }\) \(\begin{array}{|l|l|l|} \hline \quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad&\text { Debit\quad\quad\quad } & \text { Credit\quad\quad } \\ \hline& & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline \end{array}\) Foreign-born: Individuals who were born outside of the country in which they now reside. Reserves: Resources or capacity that can be drawn upon when needed, often referring to economic, natural, or physical assets. Respite Care: Temporary relief services for the primary care provider of a dependent adult. Exhaustion: A state of extreme physical or mental fatigue, usually resulting from prolonged stress or activity.