13 [The following information applies to the questions displayed below.) Part 3 of 3 10 points Denzel Brooks opens a Web consulting business called Venture Consultants and completes the following transactions in March. March 1 Brooks invested $170,000 cash along with $27,000 in office equipment in exchange for common stock. 2 The company prepaid $6,500 cash for six months' rent for an office. (Hint: Debit Prepaid Rent for $6,500.) 3 The company made credit purchases of office equipment for $3,200 and office supplies for $1,100. Payment is due within 10 days. 6 The company completed services for a client and immediately received $3,500 cash. 9 The company completed a $12,300 project for a client, who must pay within 30 days. 12 The company paid $4,300 cash to settle the account payable created on March 3. 19 The company paid $7,500 cash for the premium on a 12-month insurance policy. (Hint: Debit Prepaid Insurance for $7,500.) 22 The company received $4,300 cash as partial payment for the work completed on March 9. 25 The company completed work for another client for $5,010 on credit. 29 The company paid $6,000 cash in dividends. 30 The company purchased $1,100 of additional office supplies on credit. 31 The company paid $1,200 cash for this month's utility bill. 3. Prepare a trial balance as of the end of March. Answer is not complete. Credit VENTURE CONSULTANTS Trial Balance March 31 Debit Cash 152,300 Office equipment 30,200 Prepaid rent 6,500 Services revenue Office supplies 2,200 Utilities expense 1,200 Accounts receivable 17,310x Accounts payable Prepaid insurance 7,500 Common stock Dividends 6,000 3,200X 197,000 Totals 223,210 200,200