Mike Greenberg opened Sheffield Window Washing Inc. on July 1, 2022. During July, the following transactions were completed.July 1 Issued 12,700 shares of common stock for $12,700 cash. 1 Purchased used truck for $8,480, paying $2,120 cash and the balance on account. 3 Purchased cleaning supplies for $950 on account. 5 Paid $1,920 cash on a 1-year insurance policy effective July 1. 12 Billed customers $3,920 for cleaning services performed. 18 Paid $1,060 cash on amount owed on truck and $530 on amount owed on cleaning supplies. 20 Paid $2,120 cash for employee salaries. 21 Collected $1,700 cash from customers billed on July 12. 25 Billed customers $2,650 for cleaning services performed. 31 Paid $310 for maintenance of the truck during month. 31 Declared and paid $640 cash dividend. The chart of accounts for Sheffield 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 0 for the amounts.)DateAccount Titles and ExplanationDebitCreditchoose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31enter an account titleenter a debit amountenter a credit amount enter an account titleenter a debit amountenter a credit amountchoose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31enter an account titleenter a debit amountenter a credit amount enter an account titleenter a debit amountenter a credit amount enter an account titleenter a debit amountenter a credit amountchoose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31enter an account titleenter a debit amountenter a credit amount enter an account titleenter a debit amountenter a credit amountchoose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31enter an account titleenter a debit amountenter a credit amount enter an account titleenter a debit amountenter a credit amountchoose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31enter an account titleenter a debit amountenter a credit amount enter an account titleenter a debit amountenter a credit amountchoose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31enter an account titleenter a debit amountenter a credit amount enter an account titleenter a debit amountenter a credit amountchoose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31enter an account titleenter a debit amountenter a credit amount enter an account titleenter a debit amountenter a credit amountchoose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31enter an account titleenter a debit amountenter a credit amount enter an account titleenter a debit amountenter a credit amountchoose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31enter an account titleenter a debit amountenter a credit amount enter an account titleenter a debit amountenter a credit amountchoose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31enter an account titleenter a debit amountenter a credit amount enter an account titleenter a debit amountenter a credit amountchoose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31enter an account titleenter a debit amountenter a credit amount enter an account titleenter a debit amountenter a credit amount eTextbook and MediaList of Accounts Save for Later Attempts: 0 of 3 used Submit Answer (b)The parts of this question must be completed in order. This part will be available when you complete the part above.

Name: Mike Greenberg opened Sheffield Window Washing Inc. on July 1, 2022. D
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Description: Mike Greenberg opened Sheffield Window Washing Inc. on July 1, 2022. During July, the following transactions were completed.July 1 Issued 12,700 shares of common stock for $12,700 cash. 1 Purchased used truck for $8,480, paying $2,120 cash and the ba

Answered: Journalize the July transactions.

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter2: T Accounts, Debits And Credits, Trial Balance, And Financial Statements

Section: Chapter Questions

Problem 4PB: On July 1, K. Resser opened Ressers Business Services. Ressers accountant listed the following chart...

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July 1		Issued 12,700 shares of common stock for $12,700 cash.
1		Purchased used truck for $8,480, paying $2,120 cash and the balance on account.
3		Purchased cleaning supplies for $950 on account.
5		Paid $1,920 cash on a 1-year insurance policy effective July 1.
12		Billed customers $3,920 for cleaning services performed.
18		Paid $1,060 cash on amount owed on truck and $530 on amount owed on cleaning supplies.
20		Paid $2,120 cash for employee salaries.
21		Collected $1,700 cash from customers billed on July 12.
25		Billed customers $2,650 for cleaning services performed.
31		Paid $310 for maintenance of the truck during month.
31		Declared and paid $640 cash dividend.

(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 0 for the amounts.)

Date	Account Titles and Explanation	Debit	Credit
choose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date July 1July 3July 5July 12July 18July 20July 21July 25July 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount

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