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Post adjusting entries. Sandhill Clark opened Sandhill's Cle/ging Service on July 1, 2022. During July, the following transactions were completed. July 1 Sandhill invested $20.000
Post adjusting entries.
Sandhill Clark opened Sandhill's Cle/ging Service on July 1, 2022. During July, the following transactions were completed. July 1 Sandhill invested $20.000 cash in the business. 1 Purchased used truck for $9,100, paying $4,200 cash and the balance on account. 3 Purchased cleaning supplies for $2,200 on account. 5 Paid $1,680 cash on a 1-year insurance policy effective July 1. 12 Billed customers $4,600 for cleaning services. 18 Paid $1,600 cash on amount owed on truck and $1.300 on amount owed on cleaning supplies. 20 Paid \$2,600 cash for employee salaries. 21 Collected $3,300 cash from customers billed on July 12. 25 Billed customers $6,000 for cleaning services. 31 Paid $340 for the monthly gasoline bill for the truck. 31 Withdraw $5,500 cash for personal use. Post adjusting entries. (Post entries in the order of joumal entries posted above) Step by Step Solution
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