July 1 stockholders invested $17,000 cash in the business in exchange for common stock. 1 purchased a used truck for $11,000, paying $2,800 cash and the balance on account. 3 purchased cleaning supplies for $900 on account. 5 paid $1,644 on a 1-year insurance policy, effective july 1. 12 billed customers $3,700 for cleaning services. 18 paid $1,100 of amount owed on truck, and $260 of amount owed on cleaning supplies. 20 paid $1,800 for employee salaries. 21 collected $1,700 from customers billed on july 12. 25 billed customers $1,600 for cleaning services. 31 paid gasoline for the month on the truck, $300. 31 declared and paid a $500 cash dividend.