View Policies Current Attempt in Progress Steve Russell started a snow removal and landscaping business he called Total Care Services. Selected transactions for Total Care Services are listed below. 1. Steve transfers his used pickup truck valued at $ 3,270 into the business. Steve invested $ 3,050 cash in the business and opened a bank account in the name of Total Care Services. Purchased a used snow plow from a dealer for $1,520 paying half as a down payment and half on account. 2. 3. 4. Plowed the parking lot of a local mall and billed the mall management company $ 840. 5. Paid for fuel for the truck $ 100. 6. 7. 8. 9. Plowed three neighbours' driveways and immediately got paid S 45 each. Collected in full the invoice billed to the mall management company Paid balance owing on the purchase of the snow plow. Purchased a new lawn mower for $ 860, paying 20% down in cash, the remainder on account. Paid for business cell phone charges of $ 40. Purchased $ 330 of lawn maintenance supplies for cash. Billed customers $ 1,540 for lawn maintenance services completed. 10. 11. 12. 13. Paid balance owing on lawn mower. 14. Collected $ 715 from customers for services previously billed. 115 SMLARDA Question 2 of 5