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Mike Greenberg opened Pina Colada Window Washing Inc, on July 1, 2022. During July, the following transactions were completed. July 1 Issued 11.500 shares of

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Mike Greenberg opened Pina Colada Window Washing Inc, on July 1, 2022. During July, the following transactions were completed. July 1 Issued 11.500 shares of common stock for $11,500 cash 1 Purchased used truck for $7.500, paying $2.000 cash and the balance on account. 3 Purchased cleaning supplies for $800 on account. 5. Paid $1,680 cash on a 1-year insurance policy effective July 1. 12 Billed customers $3.900 for cleaning services performed. 18 Paid $1,100 cash on amount owed on truck and $500 on amount owed on cleaning supplies. 20 Paid $1.800 cash for employee salaries. 21 Collected $1.600 cash from customers billed on July 12. 25 Billed customers $2.300 for cleaning services performed. 31 Paid $290 for maintenance of the truck during month. 31 Declared and paid $500 cash dividend. Account Titles and Explanation Debit Credit July 18 3uly 20 : Solaries and Wacm Evpense huly 21 Cath July 31: July 31 Accounts Receivable Supplies Prepaid Insurance \begin{tabular}{|lr|} \hline 7/5 & 1680 \\ \hline 7/31 Bal. & + \\ \hline \end{tabular} Equipment Common Stock Dividends Service Revenue Maintenance and Repairs Expense \begin{tabular}{l} 7/31+290 \\ \hline 7/31Bal=49 \\ \hline \end{tabular} Salaries and Wages Expense \begin{tabular}{|r|} \hline 7/2071800 \\ \hline 7/31Bal \\ \hline \end{tabular}

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