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Mike Grkenberg opened Swifty Window Washing Inc on July 1. 2022. During July, the following transactions were completed. July 1 Issued 14,200 shares of common stock for $14.200cash. 1 Purchased used truck for $9.440, paying $2.360 cash and the balance on account. 3 Purchased cleaning supplies for $1,060 on account. 5 Paid $2.160 cash on a 1-year insurance policy effective July 1. 12 Billed customers $4,370 for cleaning services performed. 18 Paid $1,180 cash on amount owed on truck and $590 on amount owed on cleaning supplies., 20 Paid $2,360 cash for employee salaries. 21 Collected $1,890 cash from customers billed on July 12. 25 Biled customers $2.950 for cleaning services performed. 31 Paid $340 for maintenance of the truck during month. 31 Declared and paid $710 cash dividend. The chart of accounts for Switty Window Washing contains the following accounts. Cash, Accounts Receivable, Supplies, Prepaid Insurance, Equipment, Accumulated Depreciation-Equipment, Accounts Payable, Salaries and Woges Payable, Common Stock, Retained Earnings, Dividends, Income Summary, Service Revenue, Malntenance and Repairs Expense. Supplies Expense. Depreciation Expense, Insurance Expense, and Salaries and Wages Expense. Date Account Titles and Explanation Debit Credit

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