Reference no: EM132651208
Question - Mike Greenberg opened Flounder Window Washing Co. on July 1, 2020. During July, the following transactions were completed.
July 1 Owner invested $10,100 cash in the company.
July 1 Purchased used truck for $6,720, paying $1,680 cash and the balance on account.
July 3 Purchased cleaning supplies for $760 on account.
July 5 Paid $1,560 cash on a 1-year insurance policy effective July 1.
July 12 Billed customers $3,110 for cleaning services performed.
July 18 Paid $840 cash on amount owed on truck and $420 on amount owed on cleaning supplies.
July 20 Paid $1,680 cash for employee salaries.
July 21 Collected $1,340 cash from customers billed on July 12.
July 25 Billed customers $2,100 for cleaning services performed.
July 31 Paid $240 for maintenance of the truck during month.
July 31 Owner withdrew $500 cash from the company.
Required - Journalize the July transactions.