Mike Greenberg opened Pronghorn Window Washing Inc. on July 1, 2022. During July, the following transactions were completed.

July 1		Issued 11,800 shares of common stock for $11,800 cash.
1		Purchased used truck for $7,840, paying $1,960 cash and the balance on account.
3		Purchased cleaning supplies for $880 on account.
5		Paid $1,800 cash on a 1-year insurance policy effective July 1.
12		Billed customers $3,630 for cleaning services performed.
18		Paid $980 cash on amount owed on truck and $490 on amount owed on cleaning supplies.
20		Paid $1,960 cash for employee salaries.
21		Collected $1,570 cash from customers billed on July 12.
25		Billed customers $2,450 for cleaning services performed.
31		Paid $280 for maintenance of the truck during month.
31		Declared and paid $590 cash dividend.

The chart of accounts for Pronghorn 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.

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PRONGHORN WINDOW WASHING INC. Income Statement %24