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Blossom Clark opened Blossom's Cleaning Service on July 1, 2022. During July, the following transactions were completed. July 1 Blossom invested $20,100 cash in
Blossom Clark opened Blossom's Cleaning Service on July 1, 2022. During July, the following transactions were completed. July 1 Blossom invested $20,100 cash in the business. 1 Purchased used truck for $8,900, paying $4,200 cash and the balance on account. 3 Purchased cleaning supplies for $2,100 on account. 5 Paid $1,920 cash on a 1-year insurance policy effective July 1. 12 12 18 Billed customers $4,500 for cleaning services. Paid $1,500 cash on amount owed on truck and $1,500 on amount owed on cleaning supplies. 20 Paid $2,500 cash for employee salaries 21 Collected $3,400 cash from customers billed on July 12. 25 Billed customers $6,000 for cleaning services." 31 Paid $350 for the monthly gasoline bill for the truck 31 Withdraw $5,600 cash for personal use.
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