Journalize and post closing entries and complete the closing process. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. For accounts that have zero ending balance, the entry should be the balance date and zero for the amount.)

Lars Linken opened Grouper Cleaners on March 1, 2022. During March, the following transactions were completed. Mar. Issued 8,600 shares of common stock for $12,900 cash. 1 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 $6,900 cash. 2 Paid $1,200 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 $1,720 on account. 14 Billed customers $3,180 for cleaning services performed. 18 Paid $430 on amount owed on cleaning supplies. 20 Paid $1,510 cash for employee salaries. 21 Collected $1,380 cash from customers billed on March 14. 28 Billed customers $3,610 for cleaning services performed. 31 Paid $300 for gas and oil used in truck during month (use Maintenance and Repairs Expense). 31 Declared and paid a $770 cash dividend. The chart of accounts for Grouper Cleaners contains the following accounts: Cash, Accounts Receivable, Supplies, Prepaid Insurance, Prepaid Rent, Equipment, Accumulated Depreciation-Equipment, Accounts Payable, Salaries and Wages Payable, Notes Payable, Interest Payable, Common Stock, Retained Earnings, Dividends, Income Summary, Service Revenue, Maintenance and Repairs Expense, Supplies Expense, Depreciation Expense, Insurance Expense, Salaries and Wages Expense, Rent Expense, and Interest Expense. Journalize the following adjustments. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) 1. Services performed but unbilled and uncollected at March 31 was $170. 2. Depreciation on equipment for the month was $220. 3. One-sixth of the insurance expired. 4. An inventory count shows $240 of cleaning supplies on hand at March 31. 5. Accrued but unpaid employee salaries were $930. 6. One month of the prepaid rent has expired. 7. One month of interest expense related to the note payable has accrued and will be paid April 1. Journal and posting entries and complete the closing process acces automatically indeed when the out inter Do not indent mumune entry select No Entry for the counter and ender for the for Date Account Titles and Explanation Debit Credit Mar 31 (To closer account) Mar 31 (ccm) (red) (vide Mar 31 DO DODDODDO DO DO Accounts Receivable 3/14 3/28 3/31 3/31 Bal Supplies 3/6 3/31 Bal Prepaid Rent 3/2 1.200 3/31 3/31 Bal 800 Prepaid Insurance 3/3 21003/31 3/31 Bal 1750 Equipment 3/1 6,900 3/31 Bal 6,900 Accumulated Depreciation Equipment Notes Payable Accounts Payable 3/18 Salaries and Wages Payable Interest Payable Common Stock 3,180 3/21 3610 170 5,500 1,720 3/31 240 3/31 3/31 Bal 3/31 Bal 430 3/6 3/31 Bal 3/31 Bal 3/31 3/31 Bal 3/1 3/31 Bal 1480 350 220 220 5,400 5.400 1720 1,290 9:30 930 NA 12,900 Recaldaming Dividends 331 cory Service Reve Maintenance and again Exper See Expense 201 Depreciation Exper 3/31 Insurance Exper 8/31 Salaries and Wages Exper 3/201 331 Expe was Interest Expense 3/31 770 300 SE 330 900 400 3:34 3:26