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Mike Greenberg opened Monty Window Washing Co. on July 1, 2020. During July, the following transactions were completed. 12 July 1 Owner invested $11,000 cash
Mike Greenberg opened Monty Window Washing Co. on July 1, 2020. During July, the following transactions were completed. 12 July 1 Owner invested $11,000 cash in the company. 1 Purchased used truck for $7,360 paying $1.840 cash and the balance on account. 3 Purchased cleaning supplies for $830 on account. 5 Paid $1,680 cash on a 1-year Insurance policy effective July 1. Billed customers $3.400 for cleaning services performed 18 Paid $920 cash on amount owed on truck and $460 on amount owed on cleaning supplies 20 Paid $1.840 cash for employee salarles. 21 Collected $1,470 cash from customers billed on July 12. 25 Billed customers $2.300 for cleaning services performed. 31 Paid $270 for maintenance of the truck during month 31 Owner withdrew $550 cash from the company. (a) 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.) Date Account Titles and Explanation Debit (To record cash invested in the business) (To record purchase of truck.) (To record maintenance of the truck) (To record owner withdraws)
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