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Lars Linken opened Martinez Gleanere on March 1, 2025 Doring March, the foliewine traritactions viero completed Mar: 1 fssued 9.009 shares of common stork for
Lars Linken opened Martinez Gleanere on March 1, 2025 Doring March, the foliewine traritactions viero completed Mar: 1 fssued 9.009 shares of common stork for $13.500 cash. 1 Barrowed 55,400 cath by siening a 6 -momth, 65%,55,400 note payable Interest will be pald the first day of each subsequent month. 1 Purchased used trudk for $7.200 cash. 2 Paid 51.500 cash to cover rent from March 1 throukh May 31 3. Paid $2,100 cash on a 6-monthinsurance policy effective March 1. Purchased clearine supplies for $1,800 an account. 14 Brled custamers $3.330 for cleaning services performed. 18 Paid $450 on amount owed on cleaning supplies. 20 Paid $1,580 cash for employee salaries. 21 Collected $1,440 cash from customers billed on March 14. 28 Bllled customers 53.760 for cleaning services performed. 31 Paid $320 for gas and oll used in truck durine month (use Maintenance and Repairs Expense). 31 Declared and paid a 5810 cash dividend. The chart of accounts for Martinez Cleaners contains the following accounta: 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. Depreclation Expense. Insurance Expense. Salaries and Wages Expense. Rent Expense, and Interest Expense. Post to the ledger accounts. (Post entries in the order of journal entries preserted in the previous part) Dividends Service Revenue Maintenance and Repairs Expense Salaries and Wages Expense
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