Mike Greenberg opened Bridgeport Window Washing Co. on July 1, 2020. During July, the following transactions were completed. July 1 Owner invested $9,600 cash in the company. 1 Purchased used truck for $6,400, paying $1,600 cash and the balance on account. 3 Purchased cleaning supplies for $720 on account. 5 Paid $1,440 cash on a 1-year insurance policy effective July 1. 12 18 220 Billed customers $2,960 for cleaning services performed. Paid $800 cash on amount owed on truck and $400 on amount owed on cleaning supplies. Paid $1,600 cash for employee salies. 21 Collected $1,280 cash from customers billed on July 12. 25 Billed customers $2,000 for cleaning services performed. 31 Paid $230 for maintenance of the truck during month. 31 Owner withdrew $480 cash from the company. Sr. Date Account Titles and Explanation Debit 1. July 31 Accounts Receivable Service Revenue July 2. Depreciation Expense 31 Accumulated Depreciation-Equipment July 3. Insurance Expense 31 Prepaid Insurance July 4. Supplies Expense 31 5. Supplies July 31 Salaries and Wages Expense Salaries and Wages Payable 1,360 140 120 460 320 Credit 1,360. 140 120 460 320 Cash 7/1 9,600 7/1 1,600 7/21 1,280 7/5 1,440 7/18 1,200 7/20 1,600 7/31 230 7/31 480 7/31 Bal. 4,330 7/12 Accounts Receivable 2,960 7/21 7/25 2,000 Supplies 7/3 720 Prepaid Insurance 1,280 7/5 Prepaid Insurance 1,440 7/1 7/31 Bal. Equipment 6,400 6,400 Accumulated Depreciation-Equipment Accounts Payable 7/18 1,200 7/1 7/3 7/31 Bal. Salaries and Wages Payable 4,800 720 4,320 Owner's Capital 7/1 9,600 7/31 Bal. 9,600 7/31 Owner's Drawings 480 Bal. 480 Service Revenue 7/12 2,960 7/25 2,000 7/31 Maintenance and Repairs Expense 230 7/20 Supplies Expense Depreciation Expense Insurance Expense Salaries and Wages Expense 1,600