Reference no: EM132961789
Question - Mike Greenberg opened Sheffield Window Washing Co. on July 1, 2020.
During July, the following transactions were completed.
July 1 Owner invested $12,700 cash in the company.
July 1 Purchased used truck for $8,480, paying $2,120 cash and the balance on account.
July 3 Purchased cleaning supplies for $950 on account.
July 5 Paid $1,920 cash on a 1-year insurance policy effective July 1.
July 12 Billed customers $3,920 for cleaning services performed.
July 18 Paid $1,060 cash on amount owed on truck and $530 on amount owed on cleaning supplies.
July 20 Paid $2,120 cash for employee salaries.
July 21 Collected $1,700 cash from customers billed on July 12.
July 25 Billed customers $2,650 for cleaning services performed.
July 31 Paid $310 for maintenance of the truck during month.
July 31 Owner withdrew $640 cash from the company.
Required - Journalize the July transactions.
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