Current Attempt in Progress Mike Greenberg opened Kleene Window Washing Inc. on July 1, 2022. During July, the following transactions were completed July 1 Issued 12.000 shares of common stock for $12,000 cash I 3 5 12 Billed customers $3,700 for cleaning services performed. 18 20 Purchased used truck for $8,000, paying $2,000 cash and the balance on account. Purchased cleaning supplies for $900 on account. Paid $1,800 cash on a 1-year insurance policy effective July 1 Paid $1,000 cash on amount owed on truck and $500 on amount owed on cleaning supplies Paid $2,000 cash for employee salaries 21 Collected $1.600 cash from customers billed on July 12. 25 lied customers $2.500 for cleaning services performed 31 Paid $290 for maintenance of the truck during month 31 Declared and paid $600 cash dividend. The chart of accounts for Kleene Window Washing contains the following accounts: Cash, Accounts Receivable, Supplies Prepaid Insurance, Equipment, Accumulated Depreciation-Equipment, Accounts Payable, Salaries and Wages Payable, Common Stock Retained Earnings, Dividends, Income Summary, Service Revenue, Maintenance and Repairs Expense, Supplies Expense, Depreciation Expense, Insurance Expense, and Salaries and Wages Expense (0) (d) Your answer is correct. Journalize the following adjustments. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts) (1) Services performed but unbilled and uncollected at July 31 were $1.700. (2) (3) 235 (4) (5) Depreciation on equipment for the month was $180. One-twelfth of the insurance expired. A count shows $320 of cleaning supplies on hand at July 31. Accrued but unpaid employee salaries were $400. Sr. Date Account Titles and Explanation (1) July 31 Accounts Receivable Service Revenue Debit 1700 Credit th Journalize and post closing entries and complete the closing process. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts For accounts that have zero ending balance, the entry should be the balance date and zero for the amount) Date Account Titles and Explanation July 31 Debit Credit Jy O de account) De done p Retained Earnings Dividends 7/31 Income Summary 7/1 12,000 7/31 12,000 600 Service 7112 3,700 3/25 2,500 Maintenance and Repairs Expense 7/31 Supplies Expense 7/31 Depreciation Expense 7/31 Insurance Expense 7/31 290 580 180 150 7/31 1,700