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Lars Linken opened Novak Cleaners on March 1 , 2 0 2 2 . During March, the following transactions were completed. Mar. Owner invested $

Lars Linken opened Novak Cleaners on March 1,2022. During March, the following transactions were completed.
Mar. Owner invested $14,100 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 $7,500 cash.
2 Paid $1,500 cash to cover rent from March 1 through May 31.
3 Paid $2,400 cash on a 6-month insurance policy effective March 1.
6 Purchased cleaning supplies for $1,880 on account.
14 Billed customers $3,480 for cleaning services performed.
18 Paid $470 on amount owed on cleaning supplies.
20 Paid $1,650 cash for employee salaries.
21 Collected $1,500 cash from customers billed on March 14.
28 Billed customers $3,950 for cleaning services performed.
31 Paid $330 for gas and oil used in truck during month (use Maintenance and Repairs Expense).
31 Owner withdrew $850 cash from the company.

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