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Heidi Jara opened Whispering Winds's Cleaning Service July 1 Stockholders invested $20,000 cash in the business in exchange for common stock. on July 1, 2019.

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Heidi Jara opened Whispering Winds's Cleaning Service July 1 Stockholders invested $20,000 cash in the business in exchange for common stock. on July 1, 2019. Duning July, the following transactions were completed. Purchased used truck for $9,100, pay ng S3,900 cash and the balance on account. 3 Purchased cleaning supplies for $1,900 on account 5 Paid $1,920 cash on a 1-year insurance policy effective July 1 12 Billed customers $1,990 for cleaning services. 18 Paid $1,430 cash on amount owed on truck and $1,430 on amount owed on deaning supplies 20 Paid $2,520 cash for employee salaries. 21 Collected $3,490 cash from customers billed on July 12. 25 Billed customers $5,930 for cleaning services. 31 Paid $360 for the monthly gasoline bill for the truck 31 Paid a $5,660 cash dividend. The chart of accounts for Whispering Winds's No. 158 Accumulated Summary, No. 400 Service Revenue, No. 631 Supplies accounts: No. 101 Cash, No. 112 Acceunts Receivable, No. 126 No. 130 Prepaid Insurance, No. 157 Equipment No. 711 Depreciation Expense, No. and No. 726 Salaries and (a1) Wages Expense Heidi Jara opened Whispering Winds's Cleaning Service July 1 Stockholders invested $20,000 cash in the business in exchange for common stock. on July 1, 2019. Duning July, the following transactions were completed. Purchased used truck for $9,100, pay ng S3,900 cash and the balance on account. 3 Purchased cleaning supplies for $1,900 on account 5 Paid $1,920 cash on a 1-year insurance policy effective July 1 12 Billed customers $1,990 for cleaning services. 18 Paid $1,430 cash on amount owed on truck and $1,430 on amount owed on deaning supplies 20 Paid $2,520 cash for employee salaries. 21 Collected $3,490 cash from customers billed on July 12. 25 Billed customers $5,930 for cleaning services. 31 Paid $360 for the monthly gasoline bill for the truck 31 Paid a $5,660 cash dividend. The chart of accounts for Whispering Winds's No. 158 Accumulated Summary, No. 400 Service Revenue, No. 631 Supplies accounts: No. 101 Cash, No. 112 Acceunts Receivable, No. 126 No. 130 Prepaid Insurance, No. 157 Equipment No. 711 Depreciation Expense, No. and No. 726 Salaries and (a1) Wages Expense

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