Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. please answer all parts included in instructions p

Please answer all parts included in instructions portions as well as journal entrys ...

50.1K

Verified Solution

Question

Accounting

image
imagePlease answer all parts included in instructions portions as well as journal entrys
image
Anya Clark opened Anya?s Cleaning Service on July 1, 2017. During July, the following transactions were completed Anya invested $20,000 cash in the business. Purchased used truck for $12,000, paying $4,000 cash and the balance on account. Purchased cleaning supplies for $2,100 on account. July 1 1 3 5 Paid $1,800 cash on a 1?year insurance policy effective July 1. 12 Billed customers $4,500 for cleaning services. 18 Paid $1,500 cash on amount owed on truck and $1,400 on amount owed on cleaning supplies. 20 Paid $2,800 cash for employee salaries 21 Collected $3,400 cash from customers billed on July 12. 25 Billed customers $6,000 for cleaning services. 31 Paid $350 for the monthly gasoline bill for the truck. 31 Withdraw $5,600 cash for personal use

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Physics
1.2K views

A posterior capsulotomy is a non-invasive laser procedure to eliminate the cloudiness that occasionally interferes with...

Biology
1.2K views

Consider the relative map distances between four genes on the chromosome shown here What is...

Basic Math
1.2K views

O A A carnival game is made of a large wheel divided into 40 equally...

Algebra
1.2K views

Suppose A and B are square matrices of the same size Which of the following...

Algebra
1.2K views

On Saturday evening there were 520 covers If the popularity index of the Grilled Salmon...

Accounting
1.2K views

Which of the following items will NOT affect a partner's at-risk amount? Group of answer...

Accounting
1.2K views

2 pts Question 12 "Component Depreciation" is required under: U.S. GAAP IFRS Both US GAAP...

Accounting
1.2K views

Andy is a technician working with the school. Due to a dangerous workplace accident, Andy...

Accounting
1.2K views

Claxon Company owns a machine with a cost of $305,000 and accumulated depreciation of $65,000...

Accounting
1.2K views

What is the normal balance of accounts?

Accounting
1.2K views

can you explain rest of the part please .. thankyou Problem 10-8B Note...

Accounting
1.2K views

Which of the ratios listed helps to indicate the average profit on each dollar of...