Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

BRIDGEPORT WINDOW WASHING CO. Income Statement July 31, 2022 For the Quarter Ended July 31, 2022 For the Month Ended July 31, 2022 Mike Greenberg

image text in transcribed
image text in transcribed
BRIDGEPORT WINDOW WASHING CO. Income Statement July 31, 2022 For the Quarter Ended July 31, 2022 For the Month Ended July 31, 2022 Mike Greenberg opened Bridgeport Window Washing Co. on July 1, 2022. During July, the following transactions were completed. July 1 1 3 5 12 18 Owner invested $9,600 cash in the company, Purchased used truck for $6,400, paying $1,600 cash and the balance on account Purchased cleaning supplies for $720 on account Paid $1,440 cash on a 1-year insurance policy effective July 1. Billed customers $2.960 for cleaning services performed. Paid $800 cash on amount owed on truck and $400 on amount owed on cleaning supplies Paid $1,600 cash for employee salaries Collected $1,280 cash from customers billed on July 12. Billed customers $2,000 for cleaning services performed Paid $230 for maintenance of the truck during month. Owner withdrew $480 cash from the company. 20 21 25 31 31

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Quality Auditing A Tool For Excellence

Authors: David Mills, J. Mills

1st Edition

041245890X, 978-0412458903

More Books

Students also viewed these Accounting questions

Question

define what is meant by the term human resource management

Answered: 1 week ago