Question
Mike Greenberg openedFlounderWindow Washing Co. on July 1, 2020. During July, the following transactions were completed. July 1 Owner invested $10,100cash in the company. 1
Mike Greenberg openedFlounderWindow Washing Co. on July 1, 2020. During July, the following transactions were completed.
July 1 Owner invested $10,100cash in the company.
1 Purchased used truck for $6,720, paying $1,680cash and the balance on account.
3 Purchased cleaning supplies for $760on account.
5 Paid $1,560cash on a 1-year insurance policy effective July 1.
12 Billed customers $3,110for cleaning services performed.
18 Paid $840cash on amount owed on truck and $420on amount owed on cleaning supplies.
20 Paid $1,680cash for employee salaries.
21 Collected $1,340cash from customers billed on July 12.
25 Billed customers $2,100for cleaning services performed.
31 Paid $240for maintenance of the truck during month.
31 Owner withdrew $500cash from the company.
Journalize the July transactions.(Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)
Date Account Titles and Explanation Debit Credit
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(to record cash invested in the business)
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(to record purchase of truck)
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?
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?
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?
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?
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?
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(to record maintenance of the truck)
? ?
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(to record owner withdrawal)
fill out each with the proper date , account titles and explanation and debit or credit.
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