Mike Greenberg opened Blue Window Washing Inc. on July 1, 2022. During July, the following transactions were completed.
July 1Issued 9,100 shares of common stock for $ 9,100 cash.1
Purchased used truck for $ 6,080, paying $ 1,520 cash and the balance on account.3
Purchased cleaning supplies for $ 680 on account.5
Paid $ 1,320 cash on a 1-year insurance policy effective July 1.12
Billed customers $ 2,810 for cleaning services performed.18
Paid $ 760 cash on amount owed on truck and $ 380 on amount owed on cleaning supplies.20
Paid $ 1,520 cash for employee salaries.21
Collected $ 1,220 cash from customers billed on July 12.25
Billed customers $ 1,900 for cleaning services performed.31
Paid $ 220 for maintenance of the truck during month.31
Declared and paid $ 460 cash dividend.