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Mike Greenberg opened Blue Window Washing Inc. on July 1, 2022. During July, the following transactions were completed. Issued 9.100 shares of common stock
Mike Greenberg opened Blue Window Washing Inc. on July 1, 2022. During July, the following transactions were completed. Issued 9.100 shares of common stock for $9,100 cash. Purchased used truck for $6,080, paying $1,520 cash and the balance on account. Purchased cleaning supplies for $680 on account. Paid $1,320 cash on a 1-year insurance policy effective July 1. Billed customers $2,810 for cleaning services performed. July 1 1 3 5 12 18 20 21 25 31 31 Paid $760 cash on amount owed on truck and $380 on amount owed on cleaning supplies. Paid $1,520 cash for employee salaries. Collected $1,220 cash from customers billed on July 12. Billed customers $1,900 for cleaning services performed. Paid $220 for maintenance of the truck during month. Declared and paid $460 cash dividend. O Post adjusting entries to the T-accounts. Cash 7/1 7/21 7/31 Bal. Accounts Receivable 7/12 7/25 Supplies 7/3 Prepaid Insurance 7/5 9,100 1,220 4,140 7/1 7/5 7/18 7/20 7/31 7/31 2,810 7/21 1,900 680 1,320 1,520 1,320 1,140 1,520 220 460 1,220 Question 1 of 1 Et Equipment 7/1 7/31 Bal. Accounts Payable 7/18 Accumulated Depreciation-Equipment Salaries and Wages Payable Common Stock Dividends < 7/31 Service Revenue 6,080 6,080 1,140 7/1 7/3 7/31 Bal. 7/1 7/31 Bal. 460 7/12 7/25 4,560 680 4,100 9,100 9,100 2,810 1.900 4 Question 1 of 1 8 FA 9 Maintenance and Repairs Expense 7/31 Supplies Expense Depreciation Expense Insurance Expense Salaries and Wages Expense 7/20 List of Accounts Sove for Later V 0 220 1,520 FIL acer Backspace Attempts: 0 of 5 used Up Submit Answer
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