Lars Linken opened Monty Cleaners on March 1, 2020. During March, the following transactions were completed. 1 Borrowed \$5,400 cash by signing a 6-month, 6%,$5.400 note payable. Interest will be paid the first dity of each subsequent month. 1 Purchased used truck for $7,400 cashi. 2. Paid $1,500 eash to cover rent from March 1 through May 31. 3. Pald \$2,100 cashona 6 month insurance policy effective March 1. 6 Purchased cleaning supplies for $1.840 on account. 14. Bilied customers $3,400 tor cleaning services performed. 18 Paid $460 on amount owed on cleaning supplies 20. Paid $1.610 cash for employeesalaties 21 Collected $1.470 cash from customers biliedon Marchi 14. subsequent month. 1 Purchased used truck for $7,400 cash. 2 Paid \$1,500 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 $1,840 on account. 14 Billed'customers $3,400 for cleaning services performed. 18 Paid $460 on amount owed on cieaning supplies. 20 Paid $1,610 cash for employee salaries. 21 Collected $1.470 cash from customers bllied on March 14 28 Billed customers $3.860 for cleaning services performed. 31 Paid \$320 for gas and oll used in truck during month (use Maintenance and Repaics Expense) 31 Owner withdrew $830 cash from the company. Post adjusting entries to the T-accounts. Lars Linken opened Monty Cleaners on March 1, 2020. During March, the following transactions were completed. 1 Borrowed \$5,400 cash by signing a 6-month, 6%,$5.400 note payable. Interest will be paid the first dity of each subsequent month. 1 Purchased used truck for $7,400 cashi. 2. Paid $1,500 eash to cover rent from March 1 through May 31. 3. Pald \$2,100 cashona 6 month insurance policy effective March 1. 6 Purchased cleaning supplies for $1.840 on account. 14. Bilied customers $3,400 tor cleaning services performed. 18 Paid $460 on amount owed on cleaning supplies 20. Paid $1.610 cash for employeesalaties 21 Collected $1.470 cash from customers biliedon Marchi 14. subsequent month. 1 Purchased used truck for $7,400 cash. 2 Paid \$1,500 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 $1,840 on account. 14 Billed'customers $3,400 for cleaning services performed. 18 Paid $460 on amount owed on cieaning supplies. 20 Paid $1,610 cash for employee salaries. 21 Collected $1.470 cash from customers bllied on March 14 28 Billed customers $3.860 for cleaning services performed. 31 Paid \$320 for gas and oll used in truck during month (use Maintenance and Repaics Expense) 31 Owner withdrew $830 cash from the company. Post adjusting entries to the T-accounts
