Mike Greenberg opened Clean Window Washing Inc. on July 1, 2014. During July, the following transactions were completed.
| July 1 |
|
Issued 15,385 shares of common stock for $15,385 cash. |
| 1 |
|
Purchased used truck for $11,385, paying $2,084 cash and the balance on account. |
| 3 |
|
Purchased cleaning supplies for $942 on account. |
| 5 |
|
Paid $2,040 cash on a 1-year insurance policy effective July 1. |
| 12 |
|
Billed customers $4,870 for cleaning services. |
| 18 |
|
Paid $1,284 cash on amount owed on truck and $538 on amount owed on cleaning supplies. |
| 20 |
|
Paid $2,261 cash for employee salaries. |
| 21 |
|
Collected $1,635 cash from customers billed on July 12. |
| 25 |
|
Billed customers $2,679 for cleaning services. |
| 31 |
|
Paid $386 for maintenance of the truck during month. |
|
|
31 Declared and paid $650 cash dividend.
A. Journalize the July Transactions.
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