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Fitness Training March 2019 Transactions Date Description of the Transaction Mar 1 The owners of Fitness Training invested an additional $55,000 cash in the business.

Fitness Training
March 2019 Transactions
Date Description of the Transaction
Mar 1 The owners of Fitness Training invested an additional $55,000 cash in the business.
Mar 1 Pay off $60,000 of the Note Payable. Also pay $450 for interest owed on the Note Payable for February.
Mar 1 Take $7,200 cash out of bank to pay for March's rent.
Mar 2 A customer that purchased on credit in February pays $88,000 cash to pay off the amount due.
Mar 10 Sell training sessions to a customer for $69,000. The customer pays cash.
Mar 15 Take $34,000 cash out of the bank to pay employees for wages they have earned.
Mar 16 Purchase $7,000 of additional supplies. Fitness will pay 50% of the $7,000 in 10 days. Fitness will pay the remaining 50% in 30 days.
Mar 17 Sell training sessions to a customer for $133,000. The customer will pay in 30 days.
Mar 20 Sell training sessions to a customer for $82,000. The customer pays $25,000 cash. The customer will pay the remaining amount in 30 days.
Mar 22 Purchase supplies for $3,750 cash.
Mar 26 Pay the 50% due on the March 16th purchase of supplies.
Mar 30 Take $31,250 cash ou of Little Bank to pay employees for wages they have earned.
Additional Information
Interest due on the Note Payable for the month of March is $575. As of March 31 Fitness owes the bank a total of $1,175 for interest ($600 for February & $575 for March). Interest will be paid in June.

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