1 Lee Chang opened Sandhill's Window Washing on July 1, 2021. In July, the following transactions were completed: July 1 Invested $30,000 cash in the business Purchased a used truck for $25,200, paying $5,200 cash and signing a note payable for the balance 1 Paid $2,800 on a one year insurance policy, effective July 1. 5 Billed customers 54,100 for cleaning services. 12 Purchased supplies for $2,080 on account Paid $3.000 for employee salaries. 25 Billed customers $9,000 for cleaning services. 28 Collected $4,100 from customers billed on July 5. 31 Paid $550 for repairs on the truck. 31 Withdrew $1.900 cash for personal use. 18 Date Account Tities and Explanation Debit Credit July 1 (To record cash invested in the business) (To record purchase of truck) (To record payment of insurance) (To record payment of fuel) to record