Question: Current Attempt in Progress Lars Linken opened Monty Cleaners on March 1, 2020. During March, the following transactions were completed. Mar 1 Owner invested $13,800



Current Attempt in Progress Lars Linken opened Monty Cleaners on March 1, 2020. During March, the following transactions were completed. Mar 1 Owner invested $13,800 cash in the company. 1 Borrowed $5,400 cash by signing a 6 -month, 6%,$5,400 note payable. Interest will be paid the first day of each subsequent month. 1 Purchased used truck for $7.400cash 2 Paid $1.500 cash to cover rent from March 1 through May 31. 3. Paid $2,100 cashona 6 -month insurance policy effective March 1. 6 Purchased cleaning supplies for $1,840 on account. 14 Billed customers $3,400 for cleaning services performed. 18 Paid $460 on amount owed on cleaning supplies. 20 Pald $1.610 cash for employee salaries 1 Purchased used truck tor $7,400 eash. 2 Paid $1,500 cash to cover rent from March 1 through May 31. 3. Paid \$2,100 cash on a 6-month insurance policy effective March 1. 6 Purchased cleaning supplies for $1,840 on account. 14 Billed customers $3,400 for cleaning services performed. 18 Paid $460 on amount owed on cleaning supplies. 20 Paid $1,610 cash for employee salaries. 21 Collected \$1,470 cash from customers billed on March 14. 28 Billed customers $3,860 for cleaning services performed 31 Paid $320 for gas and oll used in truck during month (use Maintenance and Repairs Expense). 31 Owner withdrew $830 cash from the company Prepare the income statement for March
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