Below are the transactions for Ute Sewing Shop for March, the first month of operations.

March		1		Issue common stock in exchange for cash of $2,800.
March		3		Purchase sewing equipment by signing a note with the local bank, $2,500.
March		5		Pay rent of $580 for March.
March		7		Martha, a customer, places an order for alterations to several dresses. Ute estimates that the alterations will cost Martha $730. Martha is not required to pay for the alterations until the work is complete.
March		12		Purchase sewing supplies for $128 on account. This material will be used to provide services to customers.
March		15		Ute delivers altered dresses to Martha and receives $780.
March		19		Ute agrees to alter 10 business suits for Bob, who has lost a significant amount of weight recently. Ute receives $680 from Bob and promises the suits to be completed by March 25.
March		25		Ute delivers 10 altered business suits to Bob.
March		30		Pay utilities of $93 for the current period.
March		31		Pay dividends of $140 to stockholders.

Please put in journal entry

Issue common stock in exchange for cash of $2,800.

Date	Account Title	Debit	Credit
March 01	Cash	2,800
	Common Stock		2,800

Purchase sewing equipment by signing a note with the local bank, $2,500.

Date	Account Title	Debit	Credit
March 03	Equipment	2,500
			2,500

Pay rent of $580 for March.

Date	Account Title	Debit	Credit
March 05		580
			580

Martha, a customer, places an order for alterations to several dresses. Ute estimates that the alterations will cost Martha $730. Martha is not required to pay for the alterations until the work is complete.

Date	Account Title	Debit	Credit
March 07

Purchase sewing supplies for $128 on account. This material will be used to provide services to customers.

Date	Account Title	Debit	Credit
March 12

Ute delivers altered dresses to Martha and receives $780.

Date	Account Title	Debit	Credit
March 15

Ute agrees to alter 10 business suits for Bob, who has lost a significant amount of weight recently. Ute receives $680 from Bob and promises the suits to be completed by March 25.

Date	Account Title	Debit	Credit
March 19

Ute delivers 10 altered business suits to Bob.

Date	Account Title	Debit	Credit
March 25

Pay utilities of $93 for the current period.

Date	Account Title	Debit	Credit
March 30