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Mar. Owner invested $15,000 cash in the company. 1 Borrowed $6,000 cash by signing a 6-month, 6%, $6,000 note payable. Interest will be paid the
Mar. Owner invested $15,000 cash in the company. 1 Borrowed $6,000 cash by signing a 6-month, 6\%, $6,000 note payable. Interest will be paid the first day of each subsequent month. 1 Purchased used truck for $8,000 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 $2,000 on account. 14 Billed customers $3,700 for cleaning services performed. 18 Paid $500 on amount owed on cleaning supplies. 20 Paid $1,750 cash for employee salaries. 21 Collected $1,600 cash from customers billed on March 14. 28 Billed customers $4,200 for cleaning services performed. 31 Paid \$350 for gas and oil used in truck during month (use Maintenance and Repairs Expense). 31 Owner withdrew $900 cash from the company. 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 0 for the amounts.) (To record purchase of truck) (To record maintenance of the truck) (To record owner withdraws)
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