Mike Greenberg opened Culver Window Washing Inc. on July 1, 2022. During July, the following transactions were completed. July 1 1 3 5 12 18 Issued 13,400 shares of common stock for $13,400 cash. Purchased used truck for $8,960, paying $2,240 cash and the balance on account. Purchased cleaning supplies for $1,010 on account. Paid $2,040 cash on a 1-year insurance policy effective July 1. Billed customers $4.140 for cleaning services performed. Paid $1,120 cash on amount owed on truck and $560 on amount owed on cleaning supplies. Paid $2,240 cash for employee salaries. Collected $1,790 cash from customers billed on July 12. Billed customers $2,800 for cleaning services performed. Paid $320 for maintenance of the truck during month. Declared and paid $670 cash dividend. 20 21 25 31 31 The chart of accounts for Culver 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. Date Account Titles and Explanation Debit Credit July 1 Cash 13400 Common Stock July 1 Equipment 8960 Cash Accounts Payable July 3 Supplies 1010 Accounts Payable July 5