July 1 Issued 12,200 shares of common stock for $12,200 cash. 1 Purchased used truck for $7,200, paying $2,100 cash and the balance on account. 3 Purchased cleaning supplies for $1,000 on account. 5 Paid $1,800 cash on a 1 -year insurance policy effective July 1. 12 Billed customers $3,700 for cleaning services performed. 18 Paid $1,100 cash on amount owed on truck and $400 on amount owed on cleaning supplies. 20 Paid $1,800 cash for employee salaries. 21 Collected $1,500 cash from customers billed on July 12 . 25 Billed customers $2,400 for cleaning services performed. 31 Paid $260 for maintenance of the truck during month. 31 Declared and paid $600 cash dividend. The chart of accounts for Marigold