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I I know the answer I just need to show my work for full credit by entering the information in the empty T account worksheet
I I know the answer I just need to show my work for full credit by entering the information in the empty T account worksheet
Lars Linken opened Lars Cleaners on March 1, 2022. During March, the following transactions were completed. Mar. 1 Owner invested $15,000 cash in the company. 1 Borrowed $6,000 cash by signing a 6-month, 6\%, $6,000 note payable. Interest will be paid the first day of each subsequent month. 1 Purchased used truck for $8,000 cash. 2 Paid $1,500 cash to cover rent from March 1 through May 31. 3 Paid $2,400 cash on a 6-month insurance policy effective March 1. 6 Purchased cleaning supplies for $2,000 on account. 14 Billed customers $3,700 for cleaning services performed. 18 Paid $500 on amount owed on cleaning supplies. 20 Paid $1,750 cash for employee salaries. 21 Collected \$1,600 cash from customers billed on March 14. 28 Billed customers $4,200 for cleaning services performed. 31 Paid $350 for gas and oil used in truck during month (use Maintenance and Repairs Expense). 31 Owner withdrew $900 cash from the company. Journalize the March transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Equipment 8,000 Cash (To record purchase of truck) Prepaid Rent Cash Accounts Payable Mar. 14 Accounts Receivable 3,700 Service Revenue Service Revenue Accounts Payable 500 Cash Salaries and Wages Expense Cash Mar. 21 Cash 1,600 Accounts Receivable Cash Service Revenue Maintenance and Repairs Expense Cash (To record maintenance of the truck) (To record owner withdraws) (b) Your Answer Correct Answer (Used) Total Debits Total Credits ASSET BALANCE LIABILITIES S SHEET \begin{tabular}{l|l|} \hline & \\ \hline & \\ \hline \end{tabular} INCOME STATEMENT \begin{tabular}{l|l|} \hline & \\ \hline \end{tabular} \begin{tabular}{l|l|} \hline & \\ \hline \end{tabular} \begin{tabular}{l|l|} \hline & \\ \hline & \\ \hline \end{tabular} \begin{tabular}{l|l|} \hline & \\ \hline \end{tabular} \begin{tabular}{l|l|} \hline & \\ \hline \end{tabular} \begin{tabular}{l|l|} \hline & \\ \hline & \\ \hline \end{tabular} \begin{tabular}{l|l|} \hline & \\ \hline & \\ \hline \end{tabular} EQUITY \begin{tabular}{l|l|} \hline & \\ \hline & \\ \hline \end{tabular} \begin{tabular}{l|l|} \hline & \\ \hline & \\ \hline \end{tabular} \begin{tabular}{l|l|} \hline & \\ \hline & \\ \hline \end{tabular} OWNER'S EQUITY STATEMENT \begin{tabular}{l|l|} \hline & \\ \hline & \\ \hline \end{tabular} \begin{tabular}{l|l|} \hline & \\ \hline & \\ \hline \end{tabular} PStep by Step Solution
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