Question: *Problem 4-5A (Part Level Submission) Heidi Jara opened Jara's Cleaning Service on July 1, 2015. During July, the following transactions were completed. July 1 Stockholders

 *Problem 4-5A (Part Level Submission) Heidi Jara opened Jara's Cleaning Service
on July 1, 2015. During July, the following transactions were completed. July

*Problem 4-5A (Part Level Submission) Heidi Jara opened Jara's Cleaning Service on July 1, 2015. During July, the following transactions were completed. July 1 Stockholders invested $20,194 cash in the business in in exchange for common stock. 1 Purchased used truck for $9,071, paying $3,846 cash and the balance on account. 3 Purchased cleaning supplies for $1,986 on account. 5 Paid $1,788 cash on 1-year insurance policy effective July 1. 12 Billed customers $4,537 for cleaning services. 18 Paid $1,580 cash on amount owed on truck and $1,407 on amount owed on cleaning supplies. 20 Paid $2,534 cash for employee salaries. 21 Collected $3,486 cash from customers billed on July 12 25 Billed customers $6,099 for cleaning services. 31 Paid $354 for the monthly gasoline bill for the truck 31 Paid a $5,518 cash dividend (d3) Your answer is partially correct. Try again. Prepare a classified balance sheet at July 31. (List current assets in order of liquidity.) JARA'S CLEANING SERVICE Balance Sheet July 31, 2015 Assets urrent Assets 653 841 574 639 as unts Recelvable repaid Insurance tal Current Assets 18707 ong-term Investment 071 uipment essl otal Assetsl umulated Depreciation-Equipment 576 8495 7202 Liabilities and Stockholders' Equi urrent Liabilities unts Payable 224 013 alaries and Wages Payable 237 tal Current Liabilitles tockholders Equit mmon Stock 20194 etained Earnings 771L tal Stockholders' Equi 1965 202 tal Liabilitles and Stockholders' Equi

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