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Question 1 of 2 > View Policies -/40 1 Current Attempt in Progress Mike Greenberg opened Pina Window Washing Inc. on July 1, 2022.
Question 1 of 2 > View Policies -/40 1 Current Attempt in Progress Mike Greenberg opened Pina Window Washing Inc. on July 1, 2022. During July, the following transactions were completed. July 1 Issued 11.500 shares of common stock for $11.500 cash 1 3 Purchased used truck for $7,680, paying $1.920 cash and the balance on account. Purchased cleaning supplies for $860 on account 5 Paid $1,680 cash on a 1-year insurance policy effective July 1. 12 Billed customers $3,550 for cleaning services performed. 18 Paid $960 cash on amount owed on truck and $480 on amount owed on cleaning supplies 20 21 Paid $1,920 cash for employee salaries Collected $1.540 cash from customers billed on July 12 25 Billed customers $2,400 for cleaning services performed 31 Paid $280 for maintenance of the truck during month. 31 Declared and paid $580 cash dividend The chart of accounts for Pina Window Washing contains the following accounts: Cash, Accounts Receivable, Supplies, Prepaid Insurance. Equipment, Accumulated Depreciation-Equipment, Accounts Payable. Salaries and Wages Payable, Common Stock, Retained Earnings, Dividends, Income Summary, Service Revenue, Maintenance and Repairs Expense, Supplies Expense, Depreciation
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