im stuck on the last problems the balance sheet, equity statement and income statement.

im stuck on the last problems the balance sheet, equity statement and income statement..

the balance sheet, equity statement and income statement…

Anya Clark opened Anya’s Cleaning Service on July 1, 2017. During July, the following transactions were completed.

July 1Anya invested $20,200 cash in the business.1Purchased used truck for $9,000, paying $3,800 cash and the balance on account.3Purchased cleaning supplies for $2,100 on account.5Paid $1,680 cash on 1-year insurance policy effective July 1.12Billed customers $4,400 for cleaning services.18Paid $1,400 cash on amount owed on truck and $1,300 on amount owed on cleaning supplies.20Paid $2,400 cash for employee salaries.21Collected $3,300 cash from customers billed on July 12.25Billed customers $6,100 for cleaning services.31Paid $360 for the monthly gasoline bill for the truck.

31Withdrew $5,600 cash for personal use.

Journalize the July transactions. 

im stuck on the last problems the balance sheet, equity statement and income statement.

Leave a Reply