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Mike Greenberg opened Kleene Window Washing Vo. on July 1, 2022. During July, the following transactions were completed. thanks! Mike Greenberg opened Kleene Window Washing
Mike Greenberg opened Kleene Window Washing Vo. on July 1, 2022. During July, the following transactions were completed.
Mike Greenberg opened Kleene Window Washing Co. on July 1, 2022. During July, the following transactions were completed. July 1 Owner invested $12,000 cash in the company. 1 Purchased used truck for $8,000, paying $2,000 cash and the balance on account. 3 Purchased cleaning supplies for $900 on account. 5 Paid $1,800 cash on a 1-year insurance policy effective July 1. 12 Billed customers $3,700 for cleaning services performed. 18 Paid $1,000 cash on amount owed on truck and $500 on amount owed on cleaning supplies. 20 Paid \$2,000 cash for employee salaries. 21 Collected $1,600 cash from customers billed on July 12. 25 Billed customers $2,500 for cleaning services performed. 31 Paid $290 for maintenance of the truck during month. 31 Owner withdrew $600 cash from the company. Date Account Titles and Explanation July 1 Ciah common (To record cash invested in the business) July 1 Equipment Cash Accounts Payable (To record purchase of truck.) Accounts Payable July 5 Prepaid Insurance Cash July 12 Accounts Receivable Service Revenue July 18 Accounts Payable Cash July 20 Salaries and Wages Expense Cash July 21 Cash Accounts Receivable July 25 Accounts Receivable Service Revenue July 31 Maintenance and Repairs Expense Cash. (To record maintenance of the truck) July 31 Cash divi (To record owner withdraws) thanks!
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