Return t 3 Problem 2-1A Preparing and posting journal entries; preparing a trial balance LO C3, C4, A1, P1, P2 Karla Tanner opens a Web consulting business called Linkworks and completes the following transactions in its first month of operations April 1 Tanner invested $95,000 cash along with office equipment valued at $22,800 in the company 0 2 The company prepaid $7,200 cash for twelve monthsrent for office space. (Hint: Debit Prepaid Rent for $7,200.) 3 The company made credit purchases for $11,400 in office equipment and $2,280 in office supplies. Payment is due within 10 days 6 The company completed services for a client and immediately received $2,000 cash. 9 The company completed a $7,600 project for a client, who must pay within 30 days. 13 The company paid $13,680 cash to settle the account payable created on April 3. 19 The company paid $6,000 cash for the premium on a 12-month insurance policy. (Hint: Debit Prepaid Insurance for $6,000.) 22 The company received $6,080 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 Tanner withdrew $6,200 cash from the company for personal use 29 The company purchased $760 of additional office supplies on credit 30 The company paid $700 cash for this month's utility bil1. 1