Lars Linken opened Sheffield Cleaners on March 1, 2020. During March, the following transactions were completed. Mar. 1 Shareholders invested 16,800 cash in the business in exchange for ordinary shares. 1 1 2 3 3 6 14 Borrowed 6,720 cash by signing a 6-month, 5%, 6,720 note payable. Interest will be paid the first day of each subsequent month. Purchased used truck for 8,960 cash. Paid 1,680 cash to cover rent from March 1 through May 31. Paid 2,688 cash on a 6-month insurance policy effective March 1. Purchased cleaning supplies for 2.240 on account. Billed customers 4,144 for cleaning services performed. Paid 560 on amount owed on cleaning supplies. Paid 1,960 cash for employee salaries. Collected 1,792 cash from customers billed on March 14. Billed customers 4,704 for cleaning services performed. Paid 392 for gas and oil used in truck during month (use Maintenance and Repairs Expense). Declared and paid a 1.008 cash dividend. 18 20 21 28 31 31 The chart of accounts for Sheffield Cleaners contains the following accounts: Cash, Accounts Receivable, Supplies, Prepaid Insurance, Prepaid Rent, Equipment, Accumulated Depreciation Equipment Accounts Payable, Salaries and Wages Payable, Notes Payable, Interest Payable, Share Capital-Ordinary, Retained Earnings, Dividends, Income Summary, Service Revenue, Maintenance and Repairs Expense, Supplies Expense, Depreciation Expense, Insurance Expense, Salaries and Wages Expense, Rent Expense, and Interest Expense. Journalize the March transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Mar. 1 (To record cash invested in the company) (To record purchase of truck) >