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Mike Greenberg opened Ayayai Window Washing Co. on July 1, 2020. During July, the following transactions were completed. July 1 Owner invested $8,900 cash in

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Mike Greenberg opened Ayayai Window Washing Co. on July 1, 2020. During July, the following transactions were completed. July 1 Owner invested $8,900 cash in the company. 1 Purchased used truck for $5,920, paying $1,480 cash and the balance on account. 3 Purchased cleaning supplies for $670 on account. 5 Paid $1,320 cash on a 1-year insurance policy effective July 1. 12 Billed customers $2,740 for cleaning services performed. 18 Paid $740 cash on amount owed on truck and $370 on amount owed on cleaning st 20 Paid $1,480 cash for employee salaries. 21 Collected $1,180 cash from customers billed on July 12. 25 Billed customers $1,850 for cleaning services performed. 31 Paid $210 for maintenance of the truck during month. 31 Owner withdrew $440 cash from the company. AYAYAI WINDOW WASHING CO. Trial Balance July 31,2020 Cash $ 4040 Credit Accounts Receivable 4670 Supplies 240 Prepaid Insurance 1210 Equipment 5920 Accumulated Depreciation-Equipment Accounts Payable Salaries and Wages Payable Owner's Capital Owner's Drawings 440 Service Revenue Maintenance and Repairs Expnse 210 Supplies Expense 430 Depreciation Expense 130 Insurance Expense Salaries and Wages Expense Totals $19180 $19180 AYAYAI WINDOW WASHING CO. Balance Sheet July 31,2020 Assets Current Assets Cash Accounts Receivable 4670 Inventory Supplies Total Current Ausets 5 Property, Piant and Equipment Equipment Less: 8 : AccumulatedDepreciation-Equipment Totalisiets Liabilities and Owner's Equity 5 5

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