Current Attempt in Progress 1 3 Mike Greenberg opened Monty Window Washing Co. on July 1, 2020. During July, the following transactions were completed. July 1 Owner invested $11,000 cash in the company. Purchased used truck for $7,360, paying $1,840 cash and the balance on account Purchased cleaning supplies for $830 on account 5 Paid $1,680 cash on a 1-year insurance policy effective July 1. 12 Billed customers $3,400 for cleaning services performed Paid $920 cash on amount owed on truck and $460 or amount owed on cleaning supplies. Paid $1,840 cash for employee salaries. 21 Collected $1,470 cash from customers billed on July 12. 25 Billed customers $2,300 for cleaning services performed. Paid $270 for maintenance of the truck during month. Owner withdrew $550 cash from the company 18 20 31 31 Date Account Tities and Explanation Debit Credit ly 1 (To record cash invested in the business) ly1 (To record purchase of truck.) ly 3 lys > Cash Ly 12 >> 18 Cash 24 > Cash 2. ly 21 ly31 (To record maintenance of the truck) y 31 (To record owner withdraws)