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Lars Linken opened Blue Cleaners on March 1 , 2 0 2 2 . During March, the following transactions were completedMar . 1 1 1

Lars Linken opened Blue Cleaners on March 1,2022. During March, the following transactions were completedMar.1114182021283131Issued 7,600 shares of common stock for $11,400 cash.Borrowed $4,800 cash by signing a 6-month, 6%. $4,800 note payable. Interest will be paid the first day of each subsequent month.Purchased used truck for $6,100 cash.Paid $1,200 cash to cover rent from March 1 through May 31.Paid $1,800 cash on a 6-month insurance policy effective March 1.Purchased cleaning supplies for $1,520 on account.Billed customers $2,810 for cleaning services performed.Paid $380 on amount owed on cleaning supplies.Paid $1,330 cash for employee salaries.Collected $1,220 cash from customers billed on March 14.Billed customers $3,190 for cleaning services performed.Paid $270 for gas and oil used in truck during month (use Maintenance and Repairs Expense).Declared and paid a $680 cash dividend.
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