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Mike Greenberg opened Novak Window Washing Inc. on July 1, 2025. During July, the following transactions were completed. July 1 Issued 11,300 shares of common

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Mike Greenberg opened Novak Window Washing Inc. on July 1, 2025. During July, the following transactions were completed. July 1 Issued 11,300 shares of common stock for $11,300 cash. 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 Paid $940 cash on amount owed on truck and $470 on amount owed on cleaning supplies. 20 Paid $1,880 cash for employee salaries. 21. Collected $1,500 cash from customers billed on July 12 25 Bilied customers $2,350 for cleaning services performed 31 Paid $270 for maintenance of the truck during month. 31. Declared and pald 5560 cash dividend. The chart of accounts for Novak Window Washing contains the following accounts: Cash. Accounts Receivable, Supplies. Prepaid insurance, Equipment. Accumulated Depreciation - Equigment, Accounts Payable, Salaries and Wages Payable, Common Stock. Retained Earnings, Dividends, Income Summary Service Revenue, Maintenance and Reoairs Depenve, Supplies Expense. Depreciation Expeme, insurance Expense, and Salaries and Wages Experhe. The chart of accounts for Novak Window Washing contains the following accounts: Cash, Accounts Receivable, Supplies, Prepaid Insurance, Equipment, Accumulated Depreciation-Equipment, Accounts Payable, Salaries and Wages Payable, Common Stock, Retained Earnings, Dividends, Income Summary, Service Revenue, Maintenance and Repairs Expense, Supplies Expense, Depreciation Expense, Insurance Expense, and Salaries and Wages Expense. (a) F. Your answer is partially correct: Journalize the July transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record joumal entries in the order presented in the problem. If no entry is required, select "No Entry" for the occount titles and enter 0 for the amounts.) Equipiment Cash .0 168 3480 1 eTextbook and Media

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