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i need the journalized entries for the july transactions Ivanhoe Clark opened Ivanhoe's Cleaning Service on July 1, 2022. During July the following transactions were
i need the journalized entries for the july transactions
Ivanhoe Clark opened Ivanhoe's Cleaning Service on July 1, 2022. During July the following transactions were completed July 1 1 3 Ivanhoe invested $20,000 cash in the business Purchased used truck for $8,900 paying $4.000 cash and the balance on account Purchased deaning supplies for $2,300 on account. Paid 51.920 cash on a 1-year insurance policy effective July 1. Billed customers $4.500 for cleaning services 5 12 18 Paid $1.500 cash on amount owed on truck and 51,400 on amount owed on cleaning Supplies 20 Paid $2,500 cash for employee salaries. 21 Collected $3.300 cash from customers billed on July 12. 25 Billed customers $5,900 for cleaning services. 31 Paid $360 for the monthly gasoline bill for the truck 31 Withdraw 55,600 cash for personal use. Type here to search o 73"F O Journalize the July transactions. (Credit account titles are automatically Indented when amount is entered. Do not indent manually Record journal entries in the order displayed in the problem. I no entry is required, select "No Entry for the account titles and enter for the amounts) Date Account Titles and Explanation Debit Credit July 1 To record cash invested in business) July 3 (To record truck purchased) Question 1 of 1 0.737 20 = To record truck purchased July 13 May 10 R30 Type here to search o E AG de 0 2017 TVV nment Question 1 of 1 0.73 / 20 ALANY M ACAP To record in ATA To record drawing Toe here to search O O R 737 SMO 204 PM HVERT Step by Step Solution
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