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Abe Factor opened a new accounting practice called X.Factor Accounting and completed these activties dining Harch 2023 March 1 Invested $57,ee0 in cash and office

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Abe Factor opened a new accounting practice called X.Factor Accounting and completed these activties dining Harch 2023 March 1 Invested $57,ee0 in cash and office equipment that had a fair value of $12,760. 1 Prepaid 518 , ese cash for three months" rent for an office. 3 Made credit purchases of used office equipment for $6,7 ee and office supplies for $1,27e 5 Completed work for a client and immediately received $6,90ecash. 9 Completed a $4,7ee project for a client, who will pay within 38 days. 11 Paid the account payable created on March 3. 15 Paid 53,76e cash for the annual premium on an insurance policy. 20 Received $1,850 as partial payment for the work completed on March 9 . 22 Placed an order with a supplier for $5,500 of supplies to be delivered Apri1 7. They must be paid for within 15 days of being received. 23 Completed work for another client for $3,20 on credit. 27 Abe Factor withdrew $4,380 cash from the business to pay some personal expenses. 30 Purchased $720 of additional office supplies on credit. 31 Paid 5930 for the month's utility bill. Required: Prepare joumal entries to record the transactions. (If no entry is required for a transaction/event, select " No journal en in the first account field.)

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