Prepare Journal and Ledger Accounts

In March 2017, Mary Tone organized a corporation to provide package delivery services The Company, called Tone Deliveries, Inc began operations immediately. Transactions during the month of March were as follows: Mar2. The Corporation issued 40,000 shares of capital stock to Mary Tone in exchange of $80,000 cash. Mar4.Purchased a truck for $45,000 made a $15,000 cash down payment and issued a note payable for the remaining balance. Mar5.Paid Sloan properties $25,00 to rent office space for the month. Mar9. Billed customers $11,300 for services in the first half of the month. Mar.15 Paid$7,100 in salaries earned by employees during the first half of March. Mar. 19 Paid Bills Auto $900 for maintenance and repair services on the company truck. Mar.20 collected $3,800 of the amount billed to customers on March 9. Mar.28 Billed customers $14,400 for services performed in the secOond half of the month. Mar. 30 Paid $7500 in salaries earned by the employees during the second half of the month. Mar.30 Received an $830 bill from SY Petroleum for fuel purchased in March. The entire amount is due by April 15. Mar. 30 Declared a $1200 dividend Payable on April 30. Prepare Journal and Ledger Accounts