Lars Linken opened Flint Cleaners on March 1, 2022. During March, the following transactions were completed.

Mar. 1

Issued 11,400 shares of common stock for $17,100 cash.

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.

1

Purchased used truck for $9,100 cash.

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 $2,280 on account.

14

Billed customers $4,220 for cleaning services performed.

18

Paid $570 on amount owed on cleaning supplies.

20

Paid $2,000 cash for employee salaries.

21

Collected $1,820 cash from customers billed on March 14.

28

Billed customers $4,790 for cleaning services performed.

31

Paid $400 for gas and oil used in truck during month (use Maintenance and Repairs Expense).

31

Declared and paid a $1,030 cash dividend.

The chart of accounts for Flint Cleaners contains the following accounts: Cash, Accounts Receivable, Supplies, Prepaid Insurance, Prepaid Rent, Equipment, Accumulated DepreciationEquipment, 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.

Post to the ledger accounts

post Trial balance

adjusting entries for the month ending July 31.

adjusting entries for the month ending July 31.

a classified balance sheet at July 31

closing entries and complete the closing process.

a post-closing trial balance at July 31.