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t accounts opened Lee's Window Washing on July 1, 2021. In July, the following mounting olen P4.SA (LO 1, 2) AP Lee Chang opened Lee's

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opened Lee's Window Washing on July 1, 2021. In July, the following mounting olen P4.SA (LO 1, 2) AP Lee Chang opened Lee's Window Wa transactions were completed: July 1 Invested $20,000 cash in the business. 1 Purchased a used truck for $25,000, paying $5.0 used truck for $25,000, paying $5,000 cash and signing a note payable for the balance. Paid $2.800 on a one-year insurance policy, effective July 1. Billed customers $3,300 for cleaning services. Purchased supplies for $2,100 on account. 18 Paid $3,000 for employee salaries. 25 Billed customers $8,900 for cleaning services. Collected $3,300 from customers billed on July 5. 31 Paid $550 for repairs on the truck. 31 Withdrew $2,600 cash for personal use. 12

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