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1 3 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. Purchased used truck for $8,000, paying $2,000 cash and the balance on account Purchased cleaning supplies for $900 on account. 5 Paid $1,800 cash on a 1-year insurance policy effective July 1. Billed customers $3,700 for cleaning services performed. Paid $1,000 cash on amount owed on truck and $500 on amount owed on cleaning supplies. Paid $2,000 cash for employee salaries. Collected $1,600 cash from customers billed on July 12. 25 Billed customers $2,500 for cleaning services performed. Paid $290 for maintenance of the truck during month 31 Declared and paid $600 cash dividend. 12 18 20 21 31 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. (a) 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 for the amounts.) Date Account Titles and Explanation Debit Credit Date Account Titles and Explanation Debit Credit July 1 Cash 12,000 Common Stock 12000 uly 1 Equipment 8,000 Cash 2000 Accounts Payable 6.000 uly 3 Supplies 900 Accounts Payable 900 July 5 Salaries and Wages Expense 2000 Cash 2000 uly 21 Cash 1600 Accounts Receivable 1600 July 25 Accounts Receivable 2500 Service Revenue 2500 uly 31 Maintenance and Repairs Expense 290 Cash 290 uly 31 Dividends 600 Cash 600 Cash V > V V Prepaid Insurance Post to the ledger accounts.(Postentries in the order of journal entries presented in the previous pa Cash > V > > > V Accounts Payable V V V V Common Stock > v Service Revenue y v V Maintenance and Repairs Expense Common Stock > V Dividends V Service Revenue > V Salaries and Wages Expense V v

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