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Lars Linken opened Bramble Cleaners on March 1, 2020. During March, the following transactions were completed. Mar. Owner invested $11,700 cash in the company. 1

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Lars Linken opened Bramble Cleaners on March 1, 2020. During March, the following transactions were completed. Mar. Owner invested $11,700 cash in the company. 1 O 1 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. 1 Purchased usidd truck for $6,200 cash. 2 Paid \$1,200 cash to cover rent from March 1 through May 31. 3 Paid \$1,800 cashon a 6-month insurance policy effective March 1 . 6 Purchased cleaning supplies for $1,560 on account. 14 Billed customers $2.890 for cleaning services performed. 18 Paid $390 on amount owed on eleaning supplies: 20 Paid $1,370 cash for employee salaries. 21 Collected $1,250 cash from customers billed on March 14. 28 Billed customers $3.280 for cleaning services performed 31. Paid $270 tor gas and oil used in truck during month (use Maintenance and Repairs Expense). 31. Owner withdrew $700 cash from the company. (To record cash invested in the company) (To record notes payable) (To record purchase of truck)

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