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Mike Greenberg opened Indigo Window Washing Co.on July 1, 2020. During July, the following transactions were completed. July 1 1 3 5 12 18 Owner
Mike Greenberg opened Indigo Window Washing Co.on July 1, 2020. During July, the following transactions were completed. July 1 1 3 5 12 18 Owner invested $13,900 cash in the company. Purchased used truck for $9,280, paying $2,320 cash and the balance on account. Purchased cleaning supplies for $1,040 on account. Paid $2,040 cash on a 1-year insurance policy effective July 1. Billed customers $4,290 for cleaning services performed. Paid $1,160 cash on amount owed on truck and $580 on amount owed on cleaning supplies. Paid $2,320 cash for employee salaries. Collected $1,860 cash from customers billed on July 12. Billed customers $2,900 for cleaning services performed. Paid $340 for maintenance of the truck during month. Owner withdrew $700 cash from the company. 20 21 25 31 31 Post to the ledger accounts. (Post entries in the order of journal entries presented in the previous part.) Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Owner's Capital Owner's Drawings Service Revenue Maintenance and Repairs Expense Salaries and Wages Expense
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