**All the red boxes need to be answered

Show Attempt History Current Attempt in Progress Ivanhoe Clark opened Ivanhoe's Cleaning Service on July 1, 2022. During July, the following transactions were completed. July 1 Ivanhoe invested $20,000 cash in the business. 1 Purchased used truck for $8,900, paying $4,000 cash and the balance on account. 3 Purchased cleaning supplies for $2,300 on account. 5 Paid $1,920 cash on a 1-year insurance policy effective July 1. 12 Billed customers $4,500 for cleaning services. 18 Paid $1,500 cash on amount owed on truck and $1,400 on amount owed on cleaning supplies. 20 Paid $2,500 cash for employee salaries. 21 Collected $3,300 cash from customers billed on July 12. 25 Billed customers $5,900 for cleaning services. 31 Paid $360 for the monthly gasoline bill for the truck. 31 Withdraw $5,600 cash for personal use. - Your answer is partially correct. Journalize adjusting entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit July 1 Cash 20000 Owner's Capital (To record revenue earned) July 1 Cash 8900 Accounts Payable (To record depreciation) 7 July 3 3 Supplies 2300 Accounts Payable (To record insurance expired) July 5 V Insurance Expense 160 Prepaid Insurance 1760 (To record supplies used) July 5 V Accounts Receivable 4500 Service Revenue (To record salaries payable) e Textbook and Media List of Accounts Save for Later Attempts: 1 of 5 used Submit