Linda Blye opened Cardinal Window Washing Inc. on July 1, 2010. During July the following transactions were completed.

July 1

Issued 11,000 shares of common stock for $11,000 cash.

July 1

Purchased used truck for $9,000, paying $2,000 cash and the balance on account.

July 3

Purchased cleaning supplies for $900 on account.

July 5

Paid $1,800 cash on 1-year insurance policy effective July 1.

July 12

Billed customers $3,200 for cleaning services.

July 18

Paid $1,000 cash on amount owed on truck and $500 on amount owed on cleaning supplies.

July 20

Paid $2,000 cash for employee salaries.

July 21

Collected $1,400 cash from customers billed on July 12.

July 25

Billed customers $2,500 for cleaning services. 

July 31

Paid $260 for gas and oil used in the truck during month.

July 31

Declared and paid a $600 cash dividend.