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Selected transactions for Dowis Dry Cleaners, Inc. are listed below. The company opened for business on March 1, 2019. Prepare the necessary journal entries in

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Selected transactions for Dowis Dry Cleaners, Inc. are listed below. The company opened for business on March 1, 2019. Prepare the necessary journal entries in good form. The company also prepares adjusting entries on a monthly basis. Identify each transaction BY DATE. You may omit explanations. 3/1 Issued 10,000 shares of common stock for $18,000 cash. 3/1 Purchased a used truck for $10,000, paying $5,000 cash and the remaining balance on account. 3/1 Paid $3,600 on a 6-month insurance policy, effective March 1. 3/3 Purchased supplies for $1,800 on account. u 3/1 Purchased a used truck for $10,000, paying $5,000 cash and the remaining balance on account. 3/1 Paid $3,600 on a 6-month insurance policy, effective March 1. 3/3 Purchased supplies for $1,800 on account. 3/14 Billed customers $8,900 for cleaning services provided. 3/18 Paid $2,000 on the amount owed for the truck. . 3/20 Paid $1,500 for employee salaries. 3/21 Collected $1,800 cash from customers billed on March 14. 3/29 Received a bill for utilities used during the month of March, $450. 3/30 Paid a dividend of $1,000 cash to shareholders. Information for adjusting entries: 3/31 Depreciation on equipment for the month was $350. 3/31 At the end of the month, $100 of supplies were on hand. Information for adjusting entries: 3/31 Depreciation on equipment for the month was $350. 3/31 At the end of the month, $100 of supplies were on hand. 3/31 Employees earned $1,100 in wages that were accrued or unpaid at the end of the month 3/31 Adjust for the portion of the insurance policy that was used

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