50.00 points Karla Tanner opens a web consulting business called unkworks and recorded the following transactions in its first month of operations. Apr 1 Tanner invests $80,000 cash along with officeequipment valued at $2 the in exchange for common stock. Apr. 2 The company prepaids9,ooo cash for twelve months' rent for office space. The company's policyisrecord prepaid expenses in balance sheet accounts. Apr. 3 The company made credit purchases for$8,000 in office equipment and $3,60oin office supplies. 10 days. Payment is due within Apr 6 The company completed services for a client and immediately received $4,000 cash. Apr 9 The company completed a S6,000 project for a dient, who must pay within 30 days. Apr. 13 The company paid$11,600 cashto settle the account payable created on April 3. Apr 19 The company paid s2,40o cash for the premium on a 12-month insurance policy. The company's policy is record prepaid expenses in balance sheet accounts. Apr. 22 The company received $4,400 cash as partial payment for the work oompleted on April 9. Apr. 25 The company completed work for another client for$2,890 on credit. Apr. 28 The company paid $5,500 cash in dividends. Apr. 29 The company purchased $600 of additional office supplies on credit. Apr. 30 The company paid $435 cash for this month'sutilitybill. Descriptions of items that require adjusting entries on April 30, 2015, follow. a) On April 2, the company prepaid $9,000 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 $1,200. d) Straight-line depreciation of office equipment, based on a 5-year life and a S4,000 salvage value, is $500 per month. e) The company has completed work for a client, but has not yet billed the $1,800 fee. Wages due to employees, but not yet paid, as of April 30 total $2,600. ativa