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Lars Linken opened Monty Cleaners on March 1, 2020. During March, the following transactions were completed. Mar. 1 Owrrer invested $13,800 cash in the company.

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Lars Linken opened Monty Cleaners on March 1, 2020. During March, the following transactions were completed. Mar. 1 Owrrer invested $13,800 cash in the company. 1 Borrowed $5,400 cash by signing a 6 -month, 6%,$5,400 note payable. Interest will be paid the first day of each subsequent month. 1 Purchased used truck for $7,400 cash. 2. Pald \$1.500 cash to cover rent from March 1 through May 31. 3. Pald \$2,100 cashon a 6-month insurance policy olfective March 1 . 6 Purchased cieaning supplies for $1.840 on account: 14 Billed customers $3,400 for cieaning 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. Lars Linken opened Monty Cleaners on March 1, 2020. During March, the following transactions were completed. Mar. 1 Owrrer invested $13,800 cash in the company. 1 Borrowed $5,400 cash by signing a 6 -month, 6%,$5,400 note payable. Interest will be paid the first day of each subsequent month. 1 Purchased used truck for $7,400 cash. 2. Pald \$1.500 cash to cover rent from March 1 through May 31. 3. Pald \$2,100 cashon a 6-month insurance policy olfective March 1 . 6 Purchased cieaning supplies for $1.840 on account: 14 Billed customers $3,400 for cieaning 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

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