GLO204 (No Analysis Tab) - Based on Problem 2-1A LO A1, C3, C4, P1, P2 Laura Pelcher opens a web consulting business called Pelcher Marketing and completes the following transactions in its first month of operations Prepare journal entries for each transaction and identify the financial statement impact of each entry The financial statements are automatically generated based on the journal entries recorded Apr. 1 Pelcher invested $140, eee cash along with office equipment valued at $36,000 in the company. Apr. 2 The company prepaid $21,000 cash for 12 months rent for office space. The company's policy is record prepaid expenses in balance sheet accounts. Apr. 3 The company made credit purchases for $10,000 in office equipment and $5,6ee in office supplies. Payment is due within 10 days. Apr. 6 The company completed services for a client and immediately received $10,000 cash. Apr. 9 The company completed a $16,888 project for a client, who must pay within 30 days. Apr. 13 The company paid $15,600 cash to settle the account payable created on April 3 Apr. 19 The company paid $7,200 cash for the premium on a 12-month insurance policy. The company's policy is record prepaid expenses in balance sheet accounts. Apr. 22 The company received 59,600 cash as partial payment for the work completed on April 9. Apr. 25 The company completed work for another client for $5,900 on credit. Apr. 28 Pelcher withdrew $5,900 cash from the company for personal use. Apr. 29 The company purchased $2,600 of additional office supplies on credit. Apr. 30 The company paid $2,700 cash for this month's utility bill.