Lars Linken opened Bramble Cleaners on March 1, 2022. During March, the following transactions were completed....
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Lars Linken opened Bramble Cleaners on March 1, 2022. During March, the following transactions were completed. Mar. Issued 12,400 shares of common stock for $18,600 cash. 1 1 Borrowed $7,200 cash by signing a 6-month, 6%, $7,200 note payable. Interest will be paid the first day of each subsequent month. Purchased used truck for $9,900 cash. 1 2 Paid $1,800 cash to cover rent from March 1 through May 31. 3 Paid $3,000 cash on a 6-month insurance policy effective March 1. 6 Purchased cleaning supplies for $2,480 on account. 14 Billed customers $4,590 for cleaning services performed. 222 18 Paid $620 on amount owed on cleaning supplies. 20 Paid $2,170 cash for employee salaries. 21 Collected $1,980 cash from customers billed on March 14. 28 Billed customers $5,210 for cleaning services performed. 31 31 Paid $430 for gas and oil used in truck during month (use Maintenance and Repairs Expense). Declared and paid a $1,120 cash dividend. Q NOV 30 $ 64 #3 @2 2 tv MacBook Pro Q Search or enter address % 95 & 6 29 7 W E R + T Y U * * 8 A W ( 9 Lars Linken opened Bramble Cleaners on March 1, 2022. During March, the following transactions were completed. Mar. Issued 12,400 shares of common stock for $18,600 cash. 1 1 Borrowed $7,200 cash by signing a 6-month, 6%, $7,200 note payable. Interest will be paid the first day of each subsequent month. Purchased used truck for $9,900 cash. 1 2 Paid $1,800 cash to cover rent from March 1 through May 31. 3 Paid $3,000 cash on a 6-month insurance policy effective March 1. 6 Purchased cleaning supplies for $2,480 on account. 14 Billed customers $4,590 for cleaning services performed. 222 18 Paid $620 on amount owed on cleaning supplies. 20 Paid $2,170 cash for employee salaries. 21 Collected $1,980 cash from customers billed on March 14. 28 Billed customers $5,210 for cleaning services performed. 31 31 Paid $430 for gas and oil used in truck during month (use Maintenance and Repairs Expense). Declared and paid a $1,120 cash dividend. Q NOV 30 $ 64 #3 @2 2 tv MacBook Pro Q Search or enter address % 95 & 6 29 7 W E R + T Y U * * 8 A W ( 9
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