Sal Strods opened a web consulting business called Landscape Dreams and recorded the following transactions in its first month of

operations.

April $1$ Strods invests $$95,000$ cash along with office equipment valued at $$33,500$ in the company in exchange for common stock.

April $2$ The company prepaid $$12,000$ cash for twelve months' rent for office space. The company's policy is record prepaid expenses

in balance sheet accounts.

April $3$ The company made credit purchases for $$8,600$ in office equipment and $$3,900$ in office supplies. Payment is due within $10$

days.

April $6$ The company completed services for a client and immediately received $$6,100$ cash.

April $9$ The company completed a $$13,500$ project for a client, who must pay within $30$ days.

April $13$ The company paid $$12,500$ cash to settle the account payable created on April $3.$

April $19$ The company paid $$3,600$ cash for the premium on a $12-$month insurance policy. The company's policy is record prepaid

expenses in balance sheet accounts.

April $22$ The company received $$5,100$ cash as partial payment for the work completed on April $9.$

April $25$ The company completed work for another client for $$5,400$ on credit.

April $28$ The company paid $$6,200$ cash in dividends.

April $29$ The company purchased $$2,100$ of additional office supplies on credit.

April $30$ The company paid $$3,300$ cash for this month's utility bill.

Descriptions of items that require adjusting entries on April $30,$ follow.

a$)$ On April $2,$ the company prepaid $$12,000$ cash for twelve months' rent for office space.

b$)$ The balance in Prepaid insurance represents the premium paid for a $12-$month insurance policy the policy's coverage began on

April $1.$

c$)$ Office supplies on hand as of April $30$ total $$1,500.$

d$)$ Straight$-$line depreciation of office equipment, based on a $5-$year life and a $$6,100$ salvage value, is $$600$ per month.

e$)$ The company has completed work for a client, but has not yet billed the $$2,400$ fee.

f$)$ Wages due to employees, but not yet paid, as of April $30$ total $$3,300.$

For transactions a$-$f$,$ review the unadjusted balance and prepare the adjusting entry necessary to correctly report the revenue

earned or the expense incurred. Each adjustment is posted automatically to the general ledger and trial balance as soon as you click

"record entry".