Question
Mike Greenberg opened Novak Window Washing Co. on July 1, 2020. During July, the following transactions were completed.July 1Owner invested $11,300 cash in the company.1Purchased
Mike Greenberg opened Novak Window Washing Co. on July 1, 2020. During July, the following transactions were completed.July 1Owner invested $11,300 cash in the company.1Purchased used truck for $7,520, paying $1,880 cash and the balance on account.3Purchased cleaning supplies for $850 on account.5Paid $1,680 cash on a 1-year insurance policy effective July 1.12Billed customers $3,480 for cleaning services performed.18Paid $940 cash on amount owed on truck and $470 on amount owed on cleaning supplies.20Paid $1,880 cash for employee salaries.21Collected $1,500 cash from customers billed on July 12.25Billed customers $2,350 for cleaning services performed.31Paid $270 for maintenance of the truck during month.31Owner withdrew $560 cash from the company.
Post to the Ledger Accounts.
Cash
Accounts Receivable
Supplies Prepaid
Insurance Equipment
Accounts Payable
Owner's Capital
Owners Drawings
Service Revenue
Maintenance and Repairs Expense
Salaries and Wages Expense
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