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Lars LInken opened Indigo Cleaners on March 1, 2022. During March, the following transactions were completed. Mar. Issued 11,600 shares of commonstock for $17,400 cash.

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Lars LInken opened Indigo Cleaners on March 1, 2022. During March, the following transactions were completed. Mar. Issued 11,600 shares of commonstock for $17,400 cash. 1 Is 1 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 $9,300 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 $2.320 on account. 14 Billed customers $4,290 for cleaning services performed. 18 Paid $580 on amount owed on cleaning supplies. 20 Paid $2.030 cash for emolovee salaries. 21 Collected \$1,860 cash from customers billed on March 14, 28 Billed customers $4,870 for cleaning services performed. 31 Paid $410 for gas and oil used in truck during month (use Maintenance and Repairs Expense). 31 Deciared and paid a $1,040 cashdividend The chart of accounts for Indigo Clcaners 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. Prepare a trial balance at March 31 Attempts 0 of 3 used

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