Question: Lars Linken opened Pronghorn Cleaners on March 1 , 2 0 2 2 . During March, the following transactions were completed. Mar. Issued 9 ,
Lars Linken opened Pronghorn Cleaners on March During March, the following transactions were completed.
Mar. Issued shares of common stock for $ cash.
Borrowed $ cash by signing a month, $ note payable. Interest will be paid the first day of each
subsequent month.
Purchased used truck for $ cash.
Paid $ cash to cover rent from March through May
Paid $ cash on a month insurance policy effective March
Purchased cleaning supplies for $ on account.
Billed customers $ for cleaning services performed.
Paid $ on amount owed on cleaning supplies.
Paid $ cash for employee salaries.
Collected $ cash from customers billed on March
Billed customers $ for cleaning services performed.
Paid $ for gas and oil used in truck during month use Maintenance and Repairs Expense
Declared and paid a $ cash dividend. Journalize and post closing entries and complete the closing process. please help
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