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Lars Linken opened Culver Cleaners on March 1, 2020. During March, the following transactions were completed. Mar 1 Owner invested $16,800 cash in the
Lars Linken opened Culver Cleaners on March 1, 2020. During March, the following transactions were completed. Mar 1 Owner invested $16,800 cash in the company 1 Borrowed $6,600 cash by signing a 6-month, 6%, $6,600 note payable. Interest will be paid the first day of each subsequent month Purchased used truck for $9,000 cash 1 2 Paid $1,800 cash to cover rent from March 1 through May 31 3 Paid $2,700 cash on a 6-month insurance policy effective March 1 6 Purchased cleaning supplies for $2.240 on account. 14 Billed customers $4.140 for cleaning services performed. 18 Paid $560 on amount owed on cleaning supplies 20 Paid $1,960 cash for employee salaries 21 Collected $1,790 cash from customers billed on March 14. 28 Billed customers $4,700 for cleaning services performed 31 31 Paid $390 for gas and oil used in truck during month (use Maintenance and Repairs Expense). Owner withdrew $1,010 cash from the company Journalize the March transactions. (Ondit account titles are automatically indented when the amount is entered De not indent manualy Record journal entries in the order presented in the problem Date Account Titles and Explanation (To record cash invested in the company) (To record notes payable) (To record purchase of truck) a record maintenance of the truck) Ce record owner withdraw) Debit Cresit
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