Mar. 1 1 1 2 3 6 14 18 20 21 28 31 31 Owner invested $17,100 cash in the company. Borrowed $6,600 cash by signing a 6-mo
Posted: Wed Jul 06, 2022 6:25 am
company. Borrowed $6,600 cash by signing a 6-month, 6%, $6,600 note payable. Interest will be paid the first day of each subsequent month. Purchased used truck for $9,100 cash. Paid $1,800 cash to cover rent from March 1 through May 31. Paid $2,700 cash on a 6-month insurance policy effective March 1. Purchased cleaning supplies for $2,280 on account. Billed customers $4,220 for cleaning services performed, Paid $570 on amount owed on cleaning supplies. Paid $2,000 cash for employee salaries. Collected $1,820 cash from customers billed on March 14. Billed customers $4.790 for cleaning services performed. Paid $400 for gas and oil used in truck during month (use Maintenance and Repairs Expense). Owner withdrew $1.030 cash from the company.
Date Mar. 1 v Mar 2 Mar 3 Mar. 6 My day. Account Titles and Explanation (To record cash invested in the company) (To record notes payable) (To record purchase of truck) Debit Credit
Question 1 of 1 Ma 14 Ma. 18 Mar 20 Ma 21 v Ma 29 /201
Mar. 28 v > (To record maintenance of the truck) (To record owner withdraws)
Mar. 1 1 1 2 3 6 14 18 20 21 28 31 31 Owner invested $17,100 cash in the Date Mar. 1 v Mar 2 Mar 3 Mar. 6 My day. Account Titles and Explanation (To record cash invested in the company) (To record notes payable) (To record purchase of truck) Debit Credit
Question 1 of 1 Ma 14 Ma. 18 Mar 20 Ma 21 v Ma 29 /201
Mar. 28 v > (To record maintenance of the truck) (To record owner withdraws)