Question: Problem 2-3A Preparing and posting journal entries; preparing a trial balance LO C3, C4, A1, P1, P2 IThe following information applies to the questions displayed
Problem 2-3A Preparing and posting journal entries; preparing a trial balance LO C3, C4, A1, P1, P2 IThe following information applies to the questions displayed below] Denzel Brooks opens a Web consulting business called Venture Consultants and completes the following transactions in March. March 1 Brooks invested $175.000 cash along with $25.000 in office equipment in the company 2 The company prepaid $8,000 cash for stx months' rent for an office. (Hint Debit Prepaid Rent for $8,000) 3 The company made credit purchases of office equipment for $4,700 and office supplies for $1,200. Payment is due within 10 days. 6 The company completed services for a client and immediately received $5.500 cash 9 The company completed a $8.300 project for a client, who must pay within 30 days 12 The company pald $5.900 cash to settlie the account poyable created on March 3. 19 The company paid $6.000 cash for the premium on a 12-month insurance policy. (Hint Debit Prepald Insurance for $6,000) 22 The company received $4,000 cash as partial payment for the work completed on March 9 25 The company completed work for another client for $4.630 on credit 29 Brooks withdrew $5.300 cash from the company for personal use. 30 The company purchased $1,400 of additional office supplies on credit 31 The company paid S1100 cash for this month's utility bil
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