Question
Mike Greenberg opened Clean Window Washing Inc. on July 1, 2014. During July, the following transactions were completed. July 1 Issued 16,684 shares of common
Mike Greenberg opened Clean Window Washing Inc. on July 1, 2014. During July, the following transactions were completed. July 1 Issued 16,684 shares of common stock for $16,684 cash. 1 Purchased used truck for $12,684, paying $2,103 cash and the balance on account. 3 Purchased cleaning supplies for $919 on account. 5 Paid $1,800 cash on a 1-year insurance policy effective July 1. 12 Billed customers $4,850 for cleaning services. 18 Paid $1,289 cash on amount owed on truck and $525 on amount owed on cleaning supplies. 20 Paid $2,118 cash for employee salaries. 21 Collected $1,796 cash from customers billed on July 12. 25 Billed customers $2,639 for cleaning services. 31 Paid $376 for maintenance of the truck during month. 31 Declared and paid $617 cash dividend. Collapse question part (a) Journalize the July transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)
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