Question
Anya Clark opened Anyas Cleaning Service on July 1, 2017. During July, the following transactions were completed. July 1 Anya invested $19,800 cash in the
Anya Clark opened Anyas Cleaning Service on July 1, 2017. During July, the following transactions were completed.
July 1 Anya invested $19,800 cash in the business. 1 Purchased used truck for $8,800, paying $3,800 cash and the balance on account. 3 Purchased cleaning supplies for $1,900 on account. 5 Paid $1,680 cash on 1-year insurance policy effective July 1. 12 Billed customers $4,400 for cleaning services. 18 Paid $1,400 cash on amount owed on truck and $1,300 on amount owed on cleaning supplies. 20 Paid $2,400 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 $340 for the monthly gasoline bill for the truck. 31 Withdrew $5,500 cash for personal use.
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