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Blossom Clark opened Blossom's Cleaning Service on July 1, 2020. During July, the following transactions were completed July 1 Blossom invested $20,000 cash in the
Blossom Clark opened Blossom's Cleaning Service on July 1, 2020. During July, the following transactions were completed July 1 Blossom invested $20,000 cash in the business. 1 Purchased used truck for $9,000, paying $4,000 cash and the balance on account 3 Purchased cleaning Supplies for $1,900 on account. Paid $1,900 cash on 1-year insurance policy affective July 1 5 12 Billed customers $4.500 for cleaning services. Paid $1,400 cash on amount owed on truck and $1,300 on amount owed on cleaning supplies. 18 20 Pad $2,400 cash for employee salariss. 21 Collected $2,500 cash from customers billed on July 12 25 Billed customers $6,000 for cleaning services. 31 Paid $340 for the monthly gasoline bill for the truck 31 Withdraw $5,700 cash for personal use. Prepare an owner's equity statement for the year. BLOSSOM COMPANY Owner's Equity Statement S 11 e Textbook and Media List of Accounts
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