P4-5B (LO 1, 2) AP Laura Eddy opened Eddy's Carpet Cleaners on March 1, 2021. In March, the following transactions were completed: Complete all steps in accounting cycle. Mar. 1 1 3 5 12 18 Laura invested $10,000 cash in the business. Purchased a used truck for $6,500, paying $1,500 cash and signing a note payable for the balance. Purchased supplies for $1,200 on account. Paid $1,200 on a one-year insurance policy, effective March 1. Billed customers $4,800 for cleaning services. Paid $500 of amount owed on supplies. Paid $1,800 for employee salaries. Collected $1,400 from customers billed on March 12. Billed customers $2,500 for cleaning services. Paid $375 for repairs on the truck. Withdrew $900 cash for personal use. 20 21 25 31 31