Question: help Denzel Brooks opened a Web consulting business called Venture Consultants and completed the following transactions in March. Narch 1 Brooks invested $195,000 cash atong

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help Denzel Brooks opened a Web consulting business called Venture Consultants and

Denzel Brooks opened a Web consulting business called Venture Consultants and completed the following transactions in March. Narch 1 Brooks invested $195,000 cash atong with $23,000 in office equipment in the company in exchange for common stock. March 2 The company prepaid $7,600 cash for six nonths' rent for an office. Hint: Debit Prepaid Rent for $7, eee. March 3 The conpany nade credit purchases of office equiphent for $4,800 and office supplies for $1,600. Paynent is due within 10 days. March 6 The company completed services for a client and inmediately received $7,000 cash. Mareh 9 The conpany conpleted a $12,100 project on credit for a client, who must pay within 30 days. March 12 The company paid $6,400 cash to settle the account payable created on March 3. March 19 the company paid $6,900 cash for the premiun on a 12-month insurance policy. Hint: Debit Prepaid Insurance for 36,900. March 22 The company received $4,900 cash as partial payment for the work completed on March 9. March 25 The company conpleted work for another client for $4,400 on credit. March 29 the company paid a $7,100 cash dividend. March 30 the company purchased $1,800 of additional office supplies on credit. March 31 The company paid $1,100 cash for this nonth's utility bill. Required: 1. Prepare general journal entries to record these transactions using the following titles: Cash (101): Accounts Recelvable (106): Office Supplies (124): Prepaid Insurance (128); Prepald Rent (131); Office Equipment (163); Accounts Payable (201): Common Stock (307): Dividends (319): Services Revenue (403); and Utalities Expense (690). 2. Post the joumal entries from part 1 to the ledger accounts. 3. Prepare a trial balance as of the end of March. Complete this question by entering your answers in the tabs below. Prepare a trial balance as of the end of March

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