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Sandhill Clark opened Sandhill's Cleaning Service on July 1, 2022. During July, the following transactions were completed. July 1 1 3 5 12 18 Sandhill

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Sandhill Clark opened Sandhill's Cleaning Service on July 1, 2022. During July, the following transactions were completed. July 1 1 3 5 12 18 Sandhill invested $20,000 cash in the business. Purchased used truck for $9,100, paying $4,200 cash and the balance on account Purchased cleaning supplies for $2,200 on account Paid $1,680 cash on a 1-year insurance policy effective July 1. Billed customers $4,600 for cleaning services Paid $1,600 cash on amount owed on truck and $1,300 on amount owed on cleaning supplies. Paid $2,600 cash for employee salaries. Collected $3,300 cash from customers billed on July 12. Billed customers $6,000 for cleaning services. Paid $340 for the monthly gasoline bill for the truck Withdraw $5,500 cash for personal use. 20 21 25 31 31 SANDRILLS CLEANING SERVICE Balance Sheet Assets $ $ Liabilities and Owner's Equity $ $

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