Help Save & E Che Karla Tanner opens a Web consulting business called Linkworks and completes the following transactions in its first month of operations April 1 Tanner invested $125,000 cash along with office equipment valued at $30,e00 n the company in exchange for stock. 2 The company prepaid $7,200 cash for 12 months rent for office 3 The company made credit purchases for $15,080 in office equipment and $3,008 in office supplies. Payment is due within 18 space. (Hint: Debit Prepaid Rent for $7,280.) 6 The company completed services for a client and immediately received $2,000 cash. 9 The company completed a $18,e80 project for a client, who must pay within 30 days 13 The company paid $18,ee0 cash to settle the account payable created on April 3 19 The company paid $6,eee cash for the premium on a 12-month insurance policy. (Hint: Debit Prepaid Insurance for $6,e00.) 22 The company received $8,0e0 cash as partial payment for the work completed on April 9 25 The company completed work for another client for $2,640 on credit. 28 The company paid $6,200 cash in dividends 29 The company purchased $1,eee of additional office supplies on credit. 30 The company paid $700 cash for this month's utility bill Required: 1. Prepare general journal entries to record these transactions using the following tities: Cash (101): Accounts Receivable (106), Office Supplies (124); Prepaid Insurance (128): Prepaid Rent (131): Office Equipment (163): Accounts Payable (201) Common Stock (307); Dividends (319): Services Revenue (403); and Utilities Expense (690 2. Post the journal entries from part 1 to the ledger accounts 3. Prepare a trial balance as of April 30. Complete this question by entering your answers in the tabs below. 1 of 4 : to search