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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
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.
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