Mike Greenberg opened Concord Window Washing Inc. on July 1, 2022. During July, the following transactions were completed. July 1 Issued 13,200 shares of common stock for $13,200 cash. 1 3 Purchased used truck for $8,800, paying $2,200 cash and the balance on account. Purchased cleaning supplies for $990 on account. Paid $2,040 cash on a 1-year insurance policy effective July 1. 5 12 Billed customers $4,070 for cleaning services performed. 18 Paid $1,100 cash on amount owed on truck and $550 on amount owed on cleaning supplies. 20 Paid $2,200 cash for employee salaries. 22 21 Collected $1,760 cash from customers billed on July 12. 25 Billed customers $2,750 for cleaning services performed. 31 Paid $320 for maintenance of the truck during month. 31 Declared and paid $660 cash dividend. The chart of accounts for Concord 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.