Mike Greenberg opened Concord Window Washing Inc. on July 1, 2022. During July, the following transactions were completed. July 1 1 3 5 12 $ 18 Issued 13.200 shares of common stock for $13,200 cash. 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. Billed customers $4,070 for cleaning services performed. Paid $1,100 cash on amount owed on truck and $550 on amount owed on cleaning supplies. Paid $2,200 cash for employee salaries. Collected $1,760 cash from customers billed on July 12 Billed customers $2,750 for cleaning services performed. Paid $320 for maintenance of the truck during month. Declared and paid $660 cash dividend. 20 21 25 31 31 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. 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. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit July 1 Cash 13200 Common Stock 13200 July 1 Equipment 8800 Cash 2200 Accounts Payable 6600 July 3 Supplies 990 Accounts Payable 990 July 5 > Prepald Insurance 2040 Cash 2040 July 12 V Accounts Receivable 4070 Service Revenue 4070 July 18 V Accounts Payable 1650 Cash 1650 July 20 Salaries and Wages Expense 2200 Cash 2200 July 21 Cash 1760 Accounts Recevable 1760 July 25 > Accounts Recevable 2750 Service Revenue 2750 July 31 > Maintenance and Repairs Expense 320 Cash 320 July 31 Dividends 660 Cash 660 eTextbook and Media Assistance Used List of Accounts Post to the ledger accounts. (Post entries in the order of journal entries presented in the previous part.) Cash 7/2 Supplies 7/3 990 Prepaid Insurance 7/5 2,040 Equipment 7/1 8,800 7/31 Bal. 8.800 Accumulated Depreciation Equipment Accounts Payable 7/18 1,650 7/1 6,600 7/3 990 7/31 Bal. 5.940 Salaries and Wages Payable Common Stock 7/1 13 200 7/31 Bal. 13 200 Dividends 7/31 660 Service Revenue eTextbook and Media List of Accounts Prepare an adjusted trial balance. CONCORD WINDOW WASHING INC. Trial Balance Debit Credit $ $ $ Totals $ e Textbook and Media List of Accounts Prepare the income statement for July. CONCORD WINDOW WASHING INC. Income Statement $ $ eTextbook and Media List of Accounts Prepare a retained earnings statement for July. (List items that increase retained earnings first.) CONCORD WINDOW WASHING INC. Retained Earnings Statement $ $ e Textbook and Media List of Accounts Prepare a classified balance sheet at July 31. (List Current Assets in order of liquidity.) CONCORD WINDOW WASHING INC. Balance Sheet Assets $ $ : $ Liabilities and Stockholders' Equity $