Question
Mike Greenberg opened Novak Window Washing Co. on July 1, 2022. During July, the following transactions were complet July 1 Owner invested $11,300 cash
Mike Greenberg opened Novak Window Washing Co. on July 1, 2022. During July, the following transactions were complet July 1 Owner invested $11,300 cash in the company. 1 Purchased used truck for $7,520, paying $1,880 cash and the balance on account. 3 Purchased cleaning supplies for $850 on account. 5 Paid $1,680 cash on a 1-year insurance policy effective July 1. 12 Billed customers $3.480 for cleaning services performed. 18 20 20 21 21 Paid $940 cash on amount owed on truck and $470 on amount owed on cleaning supplies. Paid $1,880 cash for employee salaries. Collected $1,500 cash from customers billed on July 12. 25 25 Billed customers $2.350 for cleaning services performed. 31 31 Paid $270 for maintenance of the truck during month. Owner withdrew $560 cash from the company.
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