Current Attempt in Progress

Mike Greenberg opened Ayayai Window Washing Inc. on July $1,2025.$ During July, the following transactions were completed.

July $1$ Issued $14,400$ shares of common stock for $$14,400$ cash.

$1$ Purchased used truck for $$9,600,$ paying $$2,400$ cash and the balance on account.

$3$ Purchased cleaning supplies for $$1,080$ on account.

$5$ Paid $$2,160$ cash on a $1-$year insurance policy effective July $1.$

$12$ Billed customers $$4,440$ for cleaning services performed.

$18$ Paid $$1,200$ cash on amount owed on truck and $$600$ on amount owed on cleaning supplies.

$20$ Paid $$2,400$ cash for employee salaries.

$21$ Collected $$1,920$ cash from customers billed on July $12.$

$25$ Billed customers $$3,000$ for cleaning services performed.

$31$ Paid $$350$ for maintenance of the truck during month.

$31$ Declared and paid $$720$ cash dividend.

The chart of accounts for Ayayai Window Washing contains the following accounts: Cash, Accounts Receivable, Supplies, Prepaid

Insurance, Equipment, Accumulated Depreciation$-$Equipment, Accounts Payable, Salaries and Wages Payable, Common Stock,

Retained Earnings, Dividends, Income Summary, Service Revenue, Maintenance and Repairs Expense, Supplies Expense, Depreciation

Expense, Insurance Expense, and Salaries and Wages Expense.

Journalize these transactions List all debit and credit entries