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1 3 Mike Greenberg opened Blue Window Washing Inc. on July 1, 2022. During July, the following transactions were completed. July 1 Issued 9,100 shares

1 3 Mike Greenberg opened Blue Window Washing Inc. on July 1, 2022. During July, the following transactions were completed. July 1 Issued 9,100 shares of common stock for $9,100 cash. Purchased used truck for $6,080, paying $1,520 cash and the balance on account. Purchased cleaning supplies for $680 on account. Paid $1,320 cash on a 1-year insurance policy effective July 1. Billed customers $2,810 for cleaning services performed. Paid $760 cash on amount owed on truck and $380 on amount owed on cleaning supplies. Paid $1.520 cash for employee salaries. 21 Collected $1,220 cash from customers billed on July 12 Billed customers $1,900 for cleaning services performed. Paid $220 for maintenance of the truck during month Declared and paid $460 cash dividend. 5 12 18 20 25 31 31 Post adjusting entries to the T-accounts. Cash 7/1 7/21 9,1007/1 1.220 775 7/18 7/20 1,520 1,320 1,140 1,520 220 7/31 7/31 460 7/31 Bal. 4,140 Accounts Receivable 7/12 2.810 7/21 1.220 7/25 1.900 Supplies 7/3 680 Prepaid Insurance 7/5 1,320 o Question 1 of 1 Equipment 7/1 7/31 Bal. 6,080 6,080 Accumulated Depreciation Equipment Accounts Payable 7/18 4,560 1,1407/1 7/3 680 7/31 Bal. 4,100 Salaries and Wages Payable Common Stock 7/1 7/31 Bal. 9.100 9,100 Dividends 7/31 460 Service Revenue 7/12 2,810 7/25 1.900 B Question 1 of 1 Maintenance and Repairs Expense 7/31 220 Supplies Expense Depreciation Expense Insurance Expense Salaries and Wages Expense 7/20 1.520 List of Accounts o Attempts: 0 of 5 used Submit AGWE acer o

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