Question
Overview Question10/1Question2--/1Question3--/1Question4--/1 Send to Gradebook Mike Greenberg openedSheffieldWindow Washing Inc. on July 1, 2022. During July, the following transactions were completed. July 1 Issued13,000shares of
Overview
Question10/1Question2--/1Question3--/1Question4--/1
Send to Gradebook
Mike Greenberg openedSheffieldWindow Washing Inc. on July 1, 2022. During July, the following transactions were completed.
July 1
Issued13,000shares of common stock for $13,000cash.
1
Purchased used truck for $8,640, paying $2,160cash and the balance on account.
3
Purchased cleaning supplies for $970on account.
5
Paid $1,920cash on a 1-year insurance policy effective July 1.
12
Billed customers $4,000for cleaning services performed.
18
Paid $1,080cash on amount owed on truck and $540on amount owed on cleaning supplies.
20
Paid $2,160cash for employee salaries.
21
Collected $1,730cash from customers billed on July 12.
25
Billed customers $2,700for cleaning services performed.
31
Paid $310for maintenance of the truck during month.
31
Declared and paid $650cash dividend.
The chart of accounts forSheffieldWindow Washing contains the following accounts: Cash, Accounts Receivable, Supplies, Prepaid Insurance, Equipment, Accumulated DepreciationEquipment, 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.
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. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
Date
Account Titles and Explanation
Debit
Credit
choose a transaction date
July 1July 3July 5July 12July 18July 20July 21July 25July 31
enter an account title
enter a debit amount
enter a credit amount
enter an account title
enter a debit amount
enter a credit amount
choose a transaction date
July 1July 3July 5July 12July 18July 20July 21July 25July 31
enter an account title
enter a debit amount
enter a credit amount
enter an account title
enter a debit amount
enter a credit amount
enter an account title
enter a debit amount
enter a credit amount
choose a transaction date
July 1July 3July 5July 12July 18July 20July 21July 25July 31
enter an account title
enter a debit amount
enter a credit amount
enter an account title
enter a debit amount
enter a credit amount
choose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31
enter an account title
enter a debit amount
enter a credit amount
enter an account title
enter a debit amount
enter a credit amount
choose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31
enter an account title
enter a debit amount
enter a credit amount
enter an account title
enter a debit amount
enter a credit amount
choose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31
enter an account title
enter a debit amount
enter a credit amount
enter an account title
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started