Lars Linken opened Monty Cleaners on March 1, 2020. During March, the following transactions were completed. Mar. Owner invested $13,800 cash in the company: 1 Borrowed 55,400 cash by signing a 6-month, 6%,55,400 note payable. Interest will be paid the first day of each subsequent month. 1 Purchased used truck for $7,400 cish. 2 Paid \$1500 cash ta cover tent from Marchi 1 dirough May 31 3. Paid \$2,100 castion a 6 -month insuranco pollicy elfoctive March 1. 6 Durchayed cleaning rupplies for $1.940 on account. 14. Blicd curtomers {4400 for de ining services performed 16 Pila 5460 oh amount owed ond deaninitsuppties 20 Pald $2.610 eathfor employeesalatie: 21 Coilectnd \$1,470 cosh from austomen oitico on March 24. 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 cleaning supplies. 20 Paid $1,610 cash for employee salaries. 21 Collected \$1.470 cash from customers billed on March 14. 28 Billed customers $3,860 for cleaning services performed. 31 Pald $320 for gas and oil used in truckduring month (use Maintenance and Repairs Expense) 31 Owner withdrew $830 cash from the company