QUESTION 1 Ramirez Lav opened Ramirez Cleaners on March 1, 2021. During March, the following transactions were completed. Mar. 1 Issued 10,000 shares of common stocks for $15,000 cash. 1. Purchased used truck for $8,000, paying $3,000 cash and the balance on account. 3. Purchased cleaning supplies for $2,000 on account. 5. Paid $2,400 cash on a 6-month insurance policy effective March 1. 14. Billed customers $ 3,700 for cleaning services. 18. Paid $ 1,500 cash on amount owed on truck and $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 31. Paid $350 for gas and oil used in truck during month (these are maintenance and repair expenses.) 31. Declared and paid $900 cash dividends. Instructions (a) Journalize the March transactions (b) Post to the ledger accounts (Use T-accounts) (c) Prepare a trial balance at March 31 (d) Journalize the following adjustments 1. Services performed but unbilled at Match 31 was $200 2. Depreciation on equipment for the month was $250