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Problem 4-05A a-g (Video) Wildhorse Clark opened Wildhorse's Cleaning Service on July 1, 2020. During July, the following transactions were completed. July 1 Wildhorse invested
Problem 4-05A a-g (Video) Wildhorse Clark opened Wildhorse's Cleaning Service on July 1, 2020. During July, the following transactions were completed. July 1 Wildhorse invested $19,900 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 $2,000 on account. 5 Paid $1,680 cash on 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 $1,500 on amount owed on cleaning supplies. 20 Paid $2,400 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 $350 for the monthly gasoline bill for the truck. 31 Withdraw $5,700 cash for personal use
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