Lars Linken opened Blue Cleaners on March 1, 2022. During March, the following transactions were completed. Mar. 1 1 1 2 3 6 6 Issued 12,200 shares of common stock for $18,300 cash. Borrowed $7,200 cash by signing a 6-month, 6%, $7,200 note payable. Interest will be paid the first day of each subsequent month. Purchased used truck for $9,800 cash. Paid $1,800 cash to cover rent from March 1 through May 31. Paid $3,000 cash on a 6-month insurance policy effective March 1. Purchased cleaning supplies for $2,440 on account. Billed customers $4,510 for cleaning services performed. Paid $610 on amount owed on cleaning supplies. Paid $2,140 cash for employee salaries. Collected $1,950 cash from customers billed on March 14. Billed customers $5,120 for cleaning services performed. Paid $430 for gas and oil used in truck during month (use Maintenance and Repairs Expense). Declared and paid a $1,100 cash dividend. 14 18 20 21 28 31 31 The chart of accounts for Blue 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. 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 for the amounts.) Date Account Titles and Explanation Debit Credit Post to the ledger accounts. (Post entries in the order of journal entries presented in the previous part.) Cash 3. 5. 7. Post adjusting entries to the T-accounts. Cash 3/1 3/1 3/21 18,300 3/1 7,200 3/2 1,950 3/3 3/18 3/20 3/31 3/31 8,570 9,800 1,800 3,000 610 2,140 430 1,100 3/31 Bal. Accounts Receivable 3/14 4,510 3/21 1,950 3/28 5,120 > Supplies 3/6 2,440 Prepaid Rent 3/2 1,800 Prepaid Insurance 3/3 3,000 Equipment 3/1 3/31 Bal. 9,800 9,800 Accumulated Depreciation-Equipment Notes Payable 3/1 3/31 Bal. 7,200 7,200 Accounts Payable 3/18 610 3/6 3/31 Bal. 2,440 1,830 Salaries and Wages Payable Interest Payable Common Stock 3/1 3/31 Bal. 18,300 18,300 Dividends 3/31 1,100 Service Revenue 3/14 4,510 3/28 5,120