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Current Attempt in Progress Mike Greenberg opened Blue Spruce Window Washing Inc. on July 1, 2022. During July, the following transactions were completed. July 1
Current Attempt in Progress Mike Greenberg opened Blue Spruce Window Washing Inc. on July 1, 2022. During July, the following transactions were completed. July 1 1 3 5 12 18 20 21 25 Issued 11,000 shares of common stock for $11,000 cash. Purchased used truck for $8,700, paying $2,200 cash and the balance on account. Purchased cleaning supplies for $1,000 on account. Paid $1.920 cash on a 1-year insurance policy effective July 1. Billed customers $3,900 for cleaning services performed. Paid $1,000 cash on amount owed on truck and $600 on amount owed on cleaning supplies. Paid $2,100 cash for employee salaries. Collected $1,400 cash from customers billed on July 12. Billed customers $2,500 for cleaning services performed. Paid $290 for maintenance of the truck during month. Declared and paid $600 cash dividend. 31 31 The chart of accounts for Blue Spruce 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, Inyme Summary, Service Revenue, Maintenance and Repairs Expense, Supplies Expense, Depreciation Expense, InsuraIe Expense, and Salaries and Wages Expense. Question 1 of 1 0.65 / 25 Journalize the July transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry for the account titles and enter o for the amounts.) Debit Credit Account Titles and Explanation cash 11000 2. e Textbook and Media List of Accounts Save for Later Attempts unlimited Submit Answer (b) 28 ctv
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