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Mike Greenberg opened Sheffield Window Washing Inc. on July 1, 2022. During July, the following transactions were completed.

July 1

Issued 13,000 shares of common stock for $13,000 cash.

1

Purchased used truck for $8,640, paying $2,160 cash and the balance on account.

3

Purchased cleaning supplies for $970 on account.

5

Paid $1,920 cash on a 1-year insurance policy effective July 1.

12

Billed customers $4,000 for cleaning services performed.

18

Paid $1,080 cash on amount owed on truck and $540 on amount owed on cleaning supplies.

20

Paid $2,160 cash for employee salaries.

21

Collected $1,730 cash from customers billed on July 12.

25

Billed customers $2,700 for cleaning services performed.

31

Paid $310 for maintenance of the truck during month.

31

Declared and paid $650 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.)

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

Answer 1

DATE	ACCOUNT TITLE	DEBIT	CREDIT
July 1	Cash	13000
	Common stock		13000
July1	Equipment	8640
	Cash		2160
	Accounts payable		6480
July 3	Supplies	970
	Accounts payable		970
July 5	Prepaid Insurance	1920
	Cash		1920
July 12	Accounts receivable	4000
	Service revenue		4000
July 18	Accounts payable	1620
	Cash		1620
July 20	Salaries and Wages Expense	2160
	Cash		2160
July 21	Cash	1730
	Accounts receivable		1730
July 25`	Accounts receivable	2700
	Service revenue		2700
July 31	Maintenance and Repairs Expense	310
	cash		310
July 31	Dividends	650
	cash		650