John Fox opens a web consulting business called Fox Consulting and completes the following transactions in March. Using the following transactions, cretate a general journal: March 1 Fox invested $198,000 cash along with $23,600 in office equipment in the company in exchange for common stock. March 2 The company prepaid $6,000 cash for six months' rent for an office. The company's policy is to record prepaid expenses in balance sheet accounts. March 3 The company made credit purchases of office equipment for $4,600 and office supplies for $2,800. Payment is due within 10 days. March 6 The company completed services for a client and immediately received $5,600 cash. March 9 The company completed a $9,100 project for a client, who must pay within 30 days. March 12 The company paid $7,400 cash to settle the account payable created on March 3. March 19 The company paid $7,100 cash for the premium on a 12-month insurance policy. The company's policy is to record prepaid expenses in balance sheet accounts. March 22 The company received $5,500 cash as partial payment for the work completed on March 9. March 25 The company completed work for another client for $5,500 on credit. March 29 The company paid $5,100 cash in dividends. March 30 The company purchased $600 of additional office supplies on credit. March 31 The company paid $500 cash for this month's utility bill