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Ivanhoe Clark opened Ivanhoe's Cleaning Service on July 1 , 2 0 2 2 . During July, the following transactions were completed. July 1 Ivanhoe

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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 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 Paid $1,400 cash on amount owed on truck and $1,400 on amount owed on cleaning supplies.
20 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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PREPARE POST CLOSING TRIAL BALANCE
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