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Mike Greenberg opened Marigold Window Washing Inc. on July 1, 2022. During July, the following transactions were completed. July 1 Issued 10,600 shares of common

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Mike Greenberg opened Marigold Window Washing Inc. on July 1, 2022. During July, the following transactions were completed. July 1 Issued 10,600 shares of common stock for $10.600 cash. 1 Purchased used truck for $7.040, paying $1.760 cash and the balance on account. Purchased cleaning supplies for $790 on account. Paid $1,560 cash on a 1-year insurance policy effective July 1. Billed customers $3,260 for cleaning services performed, Paid $8B0 cash on amount owed on truck and $440 on amount owed on cleaning supplies. Paid $1,760 cash for employee salaries. 21 Collected $1.410 cash from customers billed on July 12. Billed customers $2,200 for cleaning services performed. 31 Paid $260 for maintenance of the truck during month. 31 Declared and paid $530 cash dividend. 3 5 12 18 20 25 The chart of accounts for Marigold Window Washing contains the following accounts: Cash, Accounts Receivable Toplies, Prepaid Insurance, Equipment. Accumulated Depreciation --Equipment Accounts Payable, Salaries and Wages Payable, Conthon Stock Retained Earnings, Dividends, Income Summary, Service Revenue, Maintenance and Repairs Expense, Supplies Expense, Depreciation Expense, Insurance Experise, and Salaries and Wages Expense. (a) Your answer is correct Journalize the July transaction. (Credit account titles are automatically Indented when the amount is entered. Do not Indient 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 ly 1 Cash 10600 Common Stock 10 V1 Equipment 70-40 Cash Accounts Payable 5: 3 Supplies 700 Accounts Payable 15 Prepaid murance 1560 Casti Prepaid murance 1560 1127 Accounts Receivable 3260 Service Revenue 18 Accounts Payable 1320 -Cash 1: 20 V Sales and Wind Expense 1760 Cash 1 217 Cash 1410 Accounts Receivable 257 Accounts Receivable 2200 Service VV Maintenance and repairs on 200 C ly 31 V Dividers 530 Cash e Textbook and Media List of Accounts Attempts: 1 of 3 used Adem Receive V V >>> >> Prepare En Accountabile Common Stack > >> >> >> Dividends V Service Revenge v >>

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