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

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Lars Uinken opened Monty Cleaners on March 1. 2020. During March the following transactions were completed. Mar. 1. Owher invested $13,800 cash in the company. 1. Borrowed $5,400 cash by signing a 6 -month, 68,55,400 note payable. Interest will be pald the nist dayof each subrequent monthis 1 Purchasedused truck for $7,400 aich. 2. Paids1500 cish to cover rent from March it tirough May 31 3. Pain \$2 100 eastion ab month insurance policyefldetive March 1. 2 rald $1, suu casn to cover rent trom marcn 1 througn 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 cleaning supplies. 20 Paid $1.610 cash for employee salaries. 21. Collected \$1.470 cash from customers biled on March 14. 28 Billed customiers $9360 for cleaning services performed. 31 Paa 320 for Bas and oll used in truck during month (use Maintenance and Repairs Expense). 31. Owner withdrew $830 cayh trom the companiy

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