Question $16$

Please answer all three parts and provide answers in in same format as questions

16 Problem 2-3A (Algo) Preparlng and postlng Journal entrles; preparing a trial balance LO A1, P1 Denzel Brooks opened Web consulting business celled Venture Consultants end completed the following transoctions in March. 'Hat-ch Hanh 2 Barth March 19 march 22 march 2s March Mareh invested cash along Vith in office equiprcnt in the company in exch.nge for comon Stock. the copany prepaid for six "hths rent ior an office. Hint: Debit p,-opld Ront for S7,ew. lhe cMpany madg purchases of office equiprcnt for $4,40 and office supplies for Payrvt duc within dayz. thc cocpieted lervices for a client and immediately received cazh. lhe a 112,207 project on credit for a clicnt. must pay within 3B days. Thc company paid cash to settle the aaount payable created on March rhc company paid cash for thc premium limonth insurance policy. Hint: Debit prepaid Insurance for $S,2N. Thc cmpany received 9 .GOe partiai payent for the work '"plcted on March 9. lhe cwp-anv carpieted ark for another Client on credit. thc coapany paid SC. 900 cash dividend. the coapany purchased SseO of additional offiec supplies on credit. Thc cm.p.ny paid cash for this nnths utilsty Requlred: 1. Prepare general journal envies to record these transections using the following titles: Cosh (101); Accounts Receivable (106): Offce Supplies (124): Prepeid Insurence (128). Prepeid Rent (131); Office Equpment (163): Accounts Payable (201); Common Stock (307): Dividends (319k Services Revenue (403); end Utilities Expense (690b Z Post the journel entries from pert 1 to the ledger occounts. 3- Prep-ere tnel belence s Of the end of March. Complete uti question by entering your answers in the tabs prepare general Journal entries iO record these transactions the owing title: Cash ( Recevable ( 106); Office supplies (124): Prepaid Insurance (126): Prepaid Rent (131): ornce (163); Accounts (201): Cunman stock (307); (319); Sevices Revenue (403 and utilRieS (690). Journal entry worksheet 7 5 2 3 4 12 Brooks "'vested 80,000 akng $27,000 in equipmeg in the in exchange ror 'Iii' Rectd this by your in the the 21 Bunce; :uarcn 31 < RWrea 2