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Milse Greenberg opened Grouper Windaw Washing Inc an July 1, 2022. During July, the following transactions were completed. July 1 Issued 11,900 shares of common
Milse Greenberg opened Grouper Windaw Washing Inc an July 1, 2022. During July, the following transactions were completed. July 1 Issued 11,900 shares of common stock far $11,900 cash. 1 Purchased used truck for $8,400, paying $1,900 cash and the balance an account. 3 Purchased cleaning supplies for $1,000 an account. 5 Paid $1,560 cash on a 1 -year insurance policy effective July 1. 12 Billed customers $3,500 for cleaning services performed. 18 Paid $1,000 cash an amount owed on truck and $400 an amaunt awed on cleaning supplies. 20 Paid $2,200 cash for emplopee salaries. 21 Callected $1,400 cash from customers billed on July 12. 25 Billed customers $2,500 for cleaning services performed. 31 Paid $320 for maintenance of the truck during manth. 31 Declared and paid $600 cash dividend. The chart of accounts for Grouper Window Washing contains the following accounts: Cash, Accounts Receivable, Supplies, Prepaid Insurance, Equipment, Accumulated Depreciation-Equipment, Accounts Payable, Salaries and Wages Payable, Comman Stock, Retained Earnings, Dividends, Income Summary, Service Revenue, Maintenance and Repairs Expense, Supplies Expense, Depreciatian Expense, Insurance Expense, and Salaries and Wages Expense (a) Journalize the July transactions. (Credit occount titles are automatically indented when the amount is entered. Do not indent monually Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account tities and enter Ofor the amounts.)
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