Question: Journalize the July transactions. Debiting and crediting also . Progress Mike Greenberg opened Sheffield Window Washing Co. on July 1, 2022. During July, the following
Journalize the July transactions. Debiting and crediting also .

Progress Mike Greenberg opened Sheffield Window Washing Co. on July 1, 2022. During July, the following transactions were complete July 1 Owner invested $13,000 cash in the company. 1 Purchased used truck for $8,640, paying $2.160 cash and the balance on account 3 Purchased cleaning supplies for $970 on account. 5 Paid $1,920 cash on a 1-year insurance policy effective July 1. 12 Billed customers $4,000 for cleaning services performed. 18 Paid $1,080 cash on amount owed on truck and $540 on amount owed on cleaning supplies. 20 Paid $2,160 cash for employee salaries. 21 Collected $1,730 cash from customers billed on July 12. 25 Billed customers $2,700 for cleaning services performed. 31 Paid $310 for maintenance of the truck during month. 31 Owner withdrew $650 cash from the company. (a) Your answer is partially correct. Journalize the July transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required select "No Entry for the account titles and enter O for the amounts.) te Account Titles and Explanation Debit Credit O
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
