Abe Factor opened a new accounting practice called X-Factor Accounting and completed these activities during March 2020: March 1 Invested $44,000 in cash and office equipment that had a fair value of $11,400. 1 Prepaid $8,100 cash for three months' rent for an office. 3 Made credit purchases of used office equipment for $5,400 and office supplies for $1,140. 5 Completed work for a client and immediately received $5,600 cash. 9 Completed a $3,400 project for a client, who will pay within 30 days. 11 Paid the account payable created on March 3. 15 Paid $2,400 cash for the annual premium on an insurance policy. 20 Received $1,200 as partial payment for the work completed on March 9. 22 Placed an order with a supplier for $4,200 of supplies to be delivered April 7. They must be paid for within 15 days of being received. 23 Completed work for another client for $2,550 on credit. 27 Abe Factor withdrew $3,000 cash from the business to pay some personal expenses. 30 Purchased $590 of additional office supplies on credit. 31 Paid $800 for the month's utility bill. Required: Prepare journal entries to record the transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet