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1 1 3 Nancy Jackson opened Jackson Interior Decorating Service on July 1, 2022. During July, the company completed the following transactions July Invested $18,100
1 1 3 Nancy Jackson opened Jackson Interior Decorating Service on July 1, 2022. During July, the company completed the following transactions July Invested $18,100 cash in the business. Purchased a used sewing machine for $10.700. paying $2,700 cash and the balance on account Purchased supplies for $700 on account. Paid $1,524 on a 1-year insurance policy, effective July 1. Billed customers $3,700 for decorating services. Paid $1.200 of amount owed on sewing machine, and $210 of amount owed on supplies. Paid $1.700 for employee salaries. Collected $1,600 from customers billed on July 12 Billed customers $1.500 for decorating services. Paid utilities for the month $400. Withdrew $700 cash for personal use. 5 12 18 20 21 25 31 31 Journalize the July transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record Joumal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit (To record cash Investment) (To record purchase of sewing machine)
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