Mar1. Laura invested $10000 cash in the business.

1. purchase a used truck for $6500, paying $1500 cash and signing a note payable for the balance.
2. purchased supplies for $1200 on account.
3. paid $1200 on a one year insurance policy, effective March 1.
4. billed customer $4800 for cleaning services.
5. paid $500 of amount owed on supplies.
6. paid $1800 for employees salaries.
7. collected $1400 from customers billed on March 12.
8. billed customer $2500 for cleaning services.
9. paid $375 for repair on the truck.
10. withdraw $900 cash for personal use.

a. Journalize and post the March transactions.

b. Prepare a trail balance at March.

c. Prepare a adjusted trail balance.

d. Prepare income statement and statements of owner's equity for March, and a classified balance sheet at March 31, 2021. of the note payable $2000 must be paid by March 1,2022.

e. Journalize and post the closing entries.

f. Prepare post closing trial balance at March.