Question: Below are the transactions for Button Sewing Shop for March, the first month of operations. March 1 Tngue conmon stock in exchange for cash of

 Below are the transactions for Button Sewing Shop for March, the
first month of operations. March 1 Tngue conmon stock in exchange for
cash of $1,100. March 3 Turchase sewing equipment by signing a note

Below are the transactions for Button Sewing Shop for March, the first month of operations. March 1 Tngue conmon stock in exchange for cash of $1,100. March 3 Turchase sewing equipment by signing a note with the local bank, $800. March 5 Pay rent of $410 for Narch. March 7. Martha, a customer, places an order for alterations to several dresses. Button estimates that the alterations will cost Nartha $610. Martha is not required to pay for the alterations until the work ia complete. March 12 Purchase gewing supplies for $111 on account. This material will be used to provide services to custorers. March 15 Button delivers altered dresses to Martha and receives $610. March 19 Button agreen to alter 10 business suits for Bob, who has lost a significant amount of weight recently. Button receives \$510 from Bob and promises the suits to be completed by March 25 . Mareh 25 Button delivers 10 altered businesn sults to Bob. March 30 Pay utilities of $76 for the current period. March 31 Pay dividends of $55 to stockholders. Required: 1. Record each transaction. 2. \& 3. Post each transaction to the appropriate T-accounts and calculate the balance of each account at March 31 . 4. Prepare a trial balance as of March 31. Complete this question by entering your answers in the tabs below. Record each transaction. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account. field.) Record each transaction. (If no entry is required for a particular transaction/event, select "No Jou field.) Journal entry worksheet Issue common stock in exchange for ash of $1,100. Note: Enter debits before credits. Post each transaction to the appropriate T-accounts and calculate the balance of each account at March 31

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