Question

Question 4 View Policies Current Attempt in Progress Sandhill Clark opened Sandhill's Cleaning Service on July 1, 2020. During July, the following transactions were completed. port July 1 Sandhill invested $19,900 cash in the business. 1 Purchased used truck for $9.100, paying $4,200 cash and the balance on account. 3 Purchased cleaning supplies for $2,300 on account. 5 Paid $1,800 cash on 1-year insurance policy effective July 1. 12 Billed customers $4.600 for cleaning services. 18 Paid $1,600 cash on amount owed on truck and $1,400 on amount owed on cleaning supplies. 20 Paid $2,600 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 $360 for the monthly gasoline bill for the truck 31 Withdraw 55.700 cash for personal use. (1) Hournalize the July transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journalen

Journalize the July transactions

Answer 1

JOURNAL Maricular et for Gedit I July . 19,900 July Debit Cash ale Dro. 19,900 'To Owner's Equity (To record cash invested in business) Truck Dril 9, 100 TO Cash a To Accounts Payable ! (to jecord truck póschased) | Cleaning Supplies ale Dr 4200 4,900 2300 3 July n g To Accounts 2.300 Payable 1800 1800 12 July 1 4600 | Prepaid Insurance by To Cash T Accounts Reccivable Dr . To fees earned Accounts Payable Dr To Cash T4600 18 July II 3000 Boon

. Salaries Dr. 2600 Du 2600 To cash Due 3400 3400 . ar July - Cash To Account Receivable Account Receivable De To fees earned! 31 July. Cras & Ou Expense Dre • To Cash as Joly 6000 6000 360 360 Drawing Dri 5700 " To Cash Soo