Mike Greenberg opened Sheffield Window Washing Co. on July 1, 2022. During July, the following transactions were completed. July 1 Owner invested $12,700 cash in the company. 1 Purchased used truck for $8,480, paying $2,120 cash and the balance on account. 3 Purchased cleaning supplies for $950 on account. 5 Paid $1,920 cash on a 1-year insurance policy effective July 1. 12 18 20 25 31 31 Billed customers $3,920 for cleaning services performed. Paid $1,060 cash on amount owed on truck and $530 on amount owed on cleaning supplies. Paid $2,120 cash for employee salaries. Collected $1,700 cash from customers billed on July 12. Billed customers $2,650 for cleaning services performed. Paid $310 for maintenance of the truck during month. Owner withdrew $640 cash from the company. Date July 1 Cash Owner's capital (To record cash invested in the company) July 1 Equipment Cash Accounts payable (To record purchase of truck partly for cash and partly on account) July 3 Supplies Accounts payable (To record purchase of supplies on account) July 51 Prepaid insurance Cashi (To record payment of insurance for one year in advance) July 12 Accounts receivable Service revenue (To record billing of services performed) $12,700 $12,700 $8,480 $2,120 $6,360 $950 $950 $1,920 $1,920 $3,920 $3.920 July 18 Accounts Payable Cash (To record cash paid for account payable) (1060 + 530) July 20 Salaries and Wages Expense Cash (To record payment of salary) July 21 Cash Accounts receivable (To record collection of cash from customers) July 25 Accounts receivable Service revenue (To record billing of services performed) Maintenance and repairs expense July 31 Cash (To record payment of maintenance expense for truck) July 31 Owner's drawings Cash $1,590 $1,590 $2,120 $2,120 $1,700 $1,700 $2,650 $2,650 $310 $310 $640 $640 Post to the ledger accounts. (Post entries in the order of journal entries presented in the previous part Cash Accounts Receivable Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Owner's Capital Owner's Drawings Service Revenue 9 Maintenance and Repairs Expense Salaries and Wages Expense 9