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Mike Greenberg opened Swifty Window Washing Inc. on July 1, 2022. During July, the following transactions were completed. July 1 Issued 14,200 shares of

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Mike Greenberg opened Swifty Window Washing Inc. on July 1, 2022. During July, the following transactions were completed. July 1 Issued 14,200 shares of common stock for $14,200 cash. 1 3 5 Purchased used truck for $9,440, paying $2,360 cash and the balance on account. Purchased cleaning supplies for $1,060 on account. Paid $2,160 cash on a 1-year insurance policy effective July 1. 12 Billed customers $4,370 for cleaning services performed. 18 20 21 222 Paid $1,180 cash on amount owed on truck and $590 on amount owed on cleaning supplies. Paid $2,360 cash for employee salaries. Collected $1,890 cash from customers billed on July 12. 25 Billed customers $2,950 for cleaning services performed. 31 31 Paid $340 for maintenance of the truck during month. Declared and paid $710 cash dividend. The chart of accounts for Swifty 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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