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Lars Linken opened Flounder Cleaners on March 1, 2022 During March, the following transactions were completed. Mar Owner invested $12,600 cash in the company.
Lars Linken opened Flounder Cleaners on March 1, 2022 During March, the following transactions were completed. Mar Owner invested $12,600 cash in the company. 1 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 used truck for $6,700 cash 2 Paid $1,200 cash to cover rent from March 1 through May 31. 3 Paid $2,100 cash on a 6-month insurance policy effective March 1 6 Purchased cleaning supplies for $1.680 on account. 14 14. 220 Billed customers $3,110 for cleaning services performed. Paid $420 on amount owed on cleaning supplies. Paid $1,470 cash for employee salaries. 21 Collected $1,340 cash from customers billed on March 14. 28 Billed customers $3,530 for cleaning services performed. 31 Paid $290 for gas and oil used in truck during month (use Maintenance and Repairs Expense), 31 Owner withdrew $760 cash from the company.
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