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Mike Greenberg opened Bramble Window Washing Inc. on July 1, 2022. During July, the following transactions were completed. July 1 Issued 9,400 shares of
Mike Greenberg opened Bramble Window Washing Inc. on July 1, 2022. During July, the following transactions were completed. July 1 Issued 9,400 shares of common stock for $9,400 cash. 1 3 5 Purchased used truck for $6,240, paying $1,560 cash and the balance on account. Purchased cleaning supplies for $700 on account. Paid $1,440 cash on a 1-year insurance policy effective July 1. 12 12 Billed customers $2.890 for cleaning services performed. 18 20 20 21 22 25 31 31 33 Paid $780 cash on amount owed on truck and $390 on amount owed on cleaning supplies. Paid $1,560 cash for employee salaries. Collected $1,250 cash from customers billed on July 12. Billed customers $1,950 for cleaning services performed. Paid $230 for maintenance of the truck during month. Declared and paid $470 cash dividend. The chart of accounts for Bramble Window Washing contains the following accounts: Cash, Accounts Receivable, Supplies, Prepaid Insurance, Equipment, Accumulated Depreciation-Equipment, Accounts Payable, Salaries and Wages Payable, Common Stock, Retained Earnings, Dividends, Income Summary, Service Revenue, Maintenance and Repairs Expense, Supplies Expense, Depreciation Expense, Insurance Expense, and Salaries and Wages Expense.
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