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Ivanhoe Clark opened Ivanhoe's Cleaning Service on July 1, 2022. During July, the following transactions were completed. July 1 Ivanhoe invested $19.900 cash in
Ivanhoe Clark opened Ivanhoe's Cleaning Service on July 1, 2022. During July, the following transactions were completed. July 1 Ivanhoe invested $19.900 cash in the business. 1 Purchased used truck for $9.100, paying $4,200 cash and the balance on account. 3 Purchased cleaning supplies for $2,000 on account. 5 Paid $1.920 cash on a 1-year insurance policy effective July 1 12 Billed customers $4,500 for cleaning services. 18 20 Paid $1,400 cash on amount owed on truck and $1,400 on amount owed on cleaning supplies. Paid $2,600 cash for employee salaries. 21 Collected $3,500 cash from customers billed on July 12 25 Billed customers $6,100 for cleaning services. 31 Paid $340 for the monthly gasoline bill for the truck 31 Withdraw $5.500 cash for personal use.
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