Question

Heidi Jara opened Pronghorn’s Cleaning Service on July 1, 2019. During July, the following transactions were completed.

July 1		Stockholders invested $19,800 cash in the business in exchange for common stock.
1		Purchased used truck for $9,200, paying $3,900 cash and the balance on account.
3		Purchased cleaning supplies for $2,100 on account.
5		Paid $1,680 cash on a 1-year insurance policy effective July 1.
12		Billed customers $4,400 for cleaning services.
18		Paid $1,400 cash on amount owed on truck and $1,300 on amount owed on cleaning supplies.
20		Paid $2,500 cash for employee salaries.
21		Collected $3,300 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		Paid a $5,500 cash dividend.

The chart of accounts for Pronghorn’s Cleaning Service contains the following accounts: No. 101 Cash, No. 112 Accounts Receivable, No. 126 Supplies, No. 130 Prepaid Insurance, No. 157 Equipment, No. 158 Accumulated Depreciation—Equipment, No. 201 Accounts Payable, No. 212 Salaries and Wages Payable, No. 311 Common Stock, No. 320 Retained Earnings, No. 332 Dividends, No. 350 Income Summary, No. 400 Service Revenue, No. 631 Supplies Expense, No. 633 Gasoline Expense, No. 711 Depreciation Expense, No. 722 Insurance Expense, and No. 726 Salaries and Wages Expense.

(a1)

Journalize the July transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)

Date	Account Titles and Explanation	Debit	Credit
July 1July 3July 5July 12July 18July 20July 21July 25July 31
	(To record cash invested in business)
July 1July 3July 5July 12July 18July 20July 21July 25July 31
	(To record truck purchased)
July 1July 3July 5July 12July 18July 20July 21July 25July 31
July 1July 3July 5July 12July 18July 20July 21July 25July 31
July 1July 3July 5July 12July 18July 20July 21July 25July 31
July 1July 3July 5July 12July 18July 20July 21July 25July 31
July 1July 3July 5July 12July 18July 20July 21July 25July 31
July 1July 3July 5July 12July 18July 20July 21July 25July 31
July 1July 3July 5July 12July 18July 20July 21July 25July 31
July 1July 3July 5July 12July 18July 20July 21July 25July 31
	(To record gasoline expense)
July 1July 3July 5July 12July 18July 20July 21July 25July 31
	(To record dividends)