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Thats all the info I have Post adjusting entries to the T-accounts. (Post entries in the order of journal entries presented in the previous par
Thats all the info I have
Post adjusting entries to the T-accounts. (Post entries in the order of journal entries presented in the previous par Mike Greenberg opened Swifty Window Washing Inc. on July 1, 2025. During July, the following transactions were completed. July 1 Issued 14,200 shares of common stock for $14,200 cash. 1. Purchased used truck for $9,440, paying $2.360 cash and the balance on account. 3 Purchased cleaning supplies for $1,060 on account. 5 Paid $2,160 cash on a 1-year insurance policy effective July 1. 12 Billed customers $4,370 for cleaning services performed. 18 Paid $1.180 cash on amount owed on truck and $590 on amount owed on cleaning supplies. 20 Paid $2,360 cash for employee salaries. 21 Collected $1,890 cash from customers billed on July 12 . 25. Billed customers $2,950 for cleaning services performed. 31 Paid $340 for maintenance of the truck during month. 31 Declared and paid $710 cash dividend. 1. Services performed but unbilled and uncollected at July 31 were $2,010. 2. Depreciation on equipment for the month was $210. 3. One-twelfth of the insurance expired. 4. A count shows $380 of cleaning supplies on hand at July 31 . 5. Accrued but unpaid employee salaries were $470. No. Date Account Titles and Explanation 1. July 31. Accounts Receivabie Service Reveneve 2. July 31 Depreciation Expense Accurmulated Depreciatlon-Equipment 3. July Insurance Expense 180 31 Prepaid insurance 4. 5. July Salaries and Wages Expense Salaries and Woges Payable Step by Step Solution
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