Lars Linken opened Flint Cleaners on March 1, 2022. During March, the following transactions were completed....
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Lars Linken opened Flint Cleaners on March 1, 2022. During March, the following transactions were completed. Mar. 1 Issued 11,400 shares of common stock for $17,100 cash. 1 1 Borrowed $6,600 cash by signing a 6-month, 6%, $6,600 note payable. Interest will Purchased used truck for $9,100 cash. 2 Paid $1,800 cash to cover rent from March 1 through May 31. 3 Paid $2,700 cash on a 6-month insurance policy effective March 1. 6 Purchased cleaning supplies for $2,280 on account. 14 Billed customers $4,220 for cleaning services performed. 18 Paid $570 on amount owed on cleaning supplies. 20 20 28 21 Paid $2,000 cash for employee salaries. Collected $1,820 cash from customers billed on March 14. 28 Billed customers $4,790 for cleaning services performed. SUPPORT 31 Paid $400 for gas and oil used in truck during month (use Maintenance and Repairs Declared and paid a $1,030 cash dividend. Lars Linken opened Flint Cleaners on March 1, 2022. During March, the following transactions were completed. Mar. 1 Issued 11,400 shares of common stock for $17,100 cash. 1 1 Borrowed $6,600 cash by signing a 6-month, 6%, $6,600 note payable. Interest will Purchased used truck for $9,100 cash. 2 Paid $1,800 cash to cover rent from March 1 through May 31. 3 Paid $2,700 cash on a 6-month insurance policy effective March 1. 6 Purchased cleaning supplies for $2,280 on account. 14 Billed customers $4,220 for cleaning services performed. 18 Paid $570 on amount owed on cleaning supplies. 20 20 28 21 Paid $2,000 cash for employee salaries. Collected $1,820 cash from customers billed on March 14. 28 Billed customers $4,790 for cleaning services performed. SUPPORT 31 Paid $400 for gas and oil used in truck during month (use Maintenance and Repairs Declared and paid a $1,030 cash dividend.
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