1 Lars Linken opened Novak Cleaners on March 1, 2022. During March, the following transactions were completed. Mar. Issued 10,000 shares of common stock for $15,000 cash. 1 Borrowed $6,200 cash by signing a 6-month, 6%, $6.200 note payable. Interest will be paid the first day of each subsequent month. Purchased used truck for $7,700 cash. Paid $1,320 cash to cover rent from March 1 through May 31. Paid $2,220 cash on a 6-month insurance policy effective March 1. Purchased cleaning supplies for $1,800 on account Billed customers $3,600 for cleaning services performed. Paid $500 on amount owed on cleaning supplies. Paid $1,910 cash for employee salaries, Collected $1.500 cash from customers billed on March 14. 28 Billed customers $4,100 for cleaning services performed. 31 Paid $360 for gas and oil used in truck during month (use Maintenance and Repairs Expense). 31 Declared and paid a $800 cash dividend. 1 2 3 6 14 18 20 21 The chart of accounts for Novak Cleaners contains the following accounts: Cash, Accounts Receivable, Supplies, Prepaid Insurance, Prepaid Rent, Equipment, Accumulated Depreciation Equipment Accounts Payable, Salaries and Wages Payable, Notes Payable, Interest Payable, Common Stock, Retained Earnings, Dividends, Income Summary, Service Revenue, Maintenance and Repairs Expense, Supplies Expense, Depreciation Expense, Insurance Expense, Salaries and Wages Expense, Rent Expense, and interest Expense. Post adjusting entries to the T-accounts.(Post entries in the order of journal entries presented in the previous part.) 3/1 3/1 3/21 Cash 15,000 3/1 6.2003/2 1,500 | 3/3 3/18 3/20 3/31 3/31 7.890 Accounts Receivable 3,600 3/21 7.700 1,320 2.220 500 1,910 360 800 3/31 Bal. 3/14 1,500 3/28 4,100 3/31 360 Supplies 3/6 1.800 3/31 Bal 1800 Prepaid Rent 1,320 3/2 3/31 Bal. 1320 Prepaid Insurance 3/3 2,220 3/31 Bal 2220 3/1 3/31 Bal Equipment 7,700 7.700 Amand Nannacistian Fainment Accumulated Depreciation-Equipment 3/31 250 6,200 6.200 Notes Payable 3/1 3/31 Bal. Accounts Payable 500 | 3/6 3/31 Bal. Salaries and Wages Payable 3/18 1.800 1,300 3/31 1910 3/31 Bal 1910 Interest Payable 3/31 250 3/31 Bal 250 Common Stock 3/1 3/31 Bal. Dividends 15,000 15,000 800 3/31 3/31 Bal. 800 Service Revenue 3/14 3,600 3/28 4,100 3/31 Bal 7700 Supplies Expense 3/31 Depreciation Expense Insurance Expense Salaries and Wages Expense 3/20 1,910 Rent Expense Interest Expense