Required: Journalize the transactions. Oriole Clark opened Oriole's Cleaning Service on July 1, 2022. During July, the
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Journalize the transactions.
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Oriole Clark opened Oriole's Cleaning Service on July 1, 2022. During July, the following transactions were completed. July 1 Oriole invested $20,100 cash in the business. 1 Purchased used truck for $9,100, paying $4,100 cash and the balance on account. 3 Purchased cleaning supplies for $2,100 on account. 5 Paid $1,800 cash on a 1-year insurance policy effective July 1. 12 Billed customers $4,600 for cleaning services. 18 2 20 Paid $1,600 cash on amount owed on truck and $1,400 on amount owed on cleaning supplies. Paid $2,500 cash for employee salaries. 21 Collected $3,500 cash from customers billed on July 12. 25 Billed customers $6,000 for cleaning services. 31 Paid $340 for the monthly gasoline bill for the truck. 31 Withdraw $5,600 cash for personal use. Oriole Clark opened Oriole's Cleaning Service on July 1, 2022. During July, the following transactions were completed. July 1 Oriole invested $20,100 cash in the business. 1 Purchased used truck for $9,100, paying $4,100 cash and the balance on account. 3 Purchased cleaning supplies for $2,100 on account. 5 Paid $1,800 cash on a 1-year insurance policy effective July 1. 12 Billed customers $4,600 for cleaning services. 18 2 20 Paid $1,600 cash on amount owed on truck and $1,400 on amount owed on cleaning supplies. Paid $2,500 cash for employee salaries. 21 Collected $3,500 cash from customers billed on July 12. 25 Billed customers $6,000 for cleaning services. 31 Paid $340 for the monthly gasoline bill for the truck. 31 Withdraw $5,600 cash for personal use.
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