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Cullumber Clark opened Cullumbers Cleaning Service on July 1, 2022. During July, the following transactions were completed.

July 1		Cullumber invested $20,100 cash in the business.
1		Purchased used truck for $9,100, paying $3,800 cash and the balance on account.
3		Purchased cleaning supplies for $2,200 on account.
5		Paid $1,680 cash on a 1-year insurance policy effective July 1.
12		Billed customers $4,400 for cleaning services.
18		Paid $1,600 cash on amount owed on truck and $1,300 on amount owed on cleaning supplies.
20		Paid $2,600 cash for employee salaries.
21		Collected $3,300 cash from customers billed on July 12.
25		Billed customers $6,100 for cleaning services.
31		Paid $350 for the monthly gasoline bill for the truck.
31		Withdraw $5,700 cash for personal use.

Help please! If you could provide an explanation as well so I can better understand, that would be great! TIA!

Journalize the July transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order displayed in the problem. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit To record cash invested in business (To record truck purchased) To record gasoline expense (To record drawings Post the July transactions. (Post entries in the order of journal entries posted above) Cash No. 101 Date Explanation Debit Credit Balance > >

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