All one question

Problem 2-1A (Algo) Preparlng and posting journal entrles; preparlng a trlal balance LO A1, P1 Karla Tanner opened a Web consulting business called Linkworks and completed the following transactions in its first month of operations. April 1 Tanner invested $125, cash along with office equipment valued at $3, in the company in exchange for common stock. April 2 The company prepaid \$7,200 cash for 12 months' rent for office space. Hint: Debit Prepaid Rent for \$7, 200 . April 3 The company made credit purchases for $15,e in office equipment and $3, 0 in office supplies. Payment is due within 10 days. April 6 The company completed services for a client and immediately received $2,00 cash. April 9 The company completed a $1, project for a client, who must pay within 30 days. April 13 The company paid $18,e cash to settle the account payable created on April 3 . April 19 The company paid \$6, $6,90. April 22 The company received $8, 9 cash as partial payment for the work completed on April 9. April 25 The company completed work for another client for $2,640 on credit. April 28 The company paid a $6,200 cash dividend. April 29 The company purchased $1, 0 of additional office supplies on credit. April 39 The company paid $70 cash for this month's utility bill. Required: 1. Prepare general journal entries to record these transactions using the following titles: Cash (101); Accounts Receivable (106); Office Supplies (124); Prepaid Insurance (128); Prepaid Rent (131); Office Equipment (163): Accounts Payable (201): Common Stock (307); Dividends (319): Services Revenue (403): and Utilities Expense (690). 2. Post the journal entries from part 1 to the ledger accounts. 3. Prepare a trial balance as of April 30. Complete this question by entering your answers in the tabs below. Prepare a trial balance as of April 30. Problem 2-1A (Algo) Preparing and posting journal entrles; preparing a trlal balance LO A1, P1 Korls Tonner opened a Web consuting bualness caled Linkworks snd completed the folowing tronssctions in Its first month of operstions. days. April 6 The company completed services for a client and Imodiately recelvid \$2, ace carh. April 9 The compary completed a $16,809 profect for a client, who must pay within 36 days. april 13 The compary paid $18,609cash to settle the account payable croated on April 3. $6,eas. Aqril 22 The company received \$8,eas cash as partial paynont for the work completed on april 9. april 25 The company completed work for another client for $2,640 on credit. april 28 The company paid a $6,280 cash dividond. April 25 The company purchasod $1, ace of additional office supplies on crodit. April 36 The compary paid $7 ea carh for this nonth's utility bill. Required: 1. Prepse genersi journsl entries to record these transsctions using the following tit es: Cssh (10); Accounts Recelvable (106); Office Supplea (124): Prepsid lin:urance (128); Prepsid Rent (13); Office Equlpment (163); Accounta Psybale (201) Common Stock (307); Dwidends (319); Service: Revenue (403); snd Utilties Expense (690). 2 Post the joumbl entries from port ito the ledger sccounts. 3. Prepore o tris balance as of April 30 . Complete this question by entering your answers in the tabs below. Poest the joumal entries from part 1 to the lectqer accounts. Problem 2-1A (Algo) Preparing and posting journal entrles; preparing a trlal balance LO A1, P1 Korls Tanner opened a Web consuting buainess caled Linkworks snd completed the following transsctions in its first manth of aperstions. days. April 6 The company completed services for a clisent and lmodiately recelwed \$2, ace carh. April 9 The company completed a $16,689 profect for a client, wha must pay within 36 days. Apri1 13 The compary paid $18,609cash to settle the account payable creatiod on April 3. $6,eas. april 22 The compary received \$8, eas cash as partial paynont for the work completed on Apri1 9. apri1 25 The compary completed wark for another client for $2,640 on crodit. april 28 The company paid a $6,280 cash dividond. apri1 29 The compary purchasod $1,869 of additional office supplies on crodit. April 39 The company paid $ ine Carh for this nonth's utility bill. Required: 1. Prepse genersi journsl entries to record these transsctions using the following tit es: Cssh (10); Accounts Recelvable (106); Office Supples (124) Prepsid hasurance (128); Prepsid Rent (13); Office Equlpment (163); Account: Psysble (207) Common Stock (307); Dwidends (319); Semices: Revenue (403); snd Utilties Expense (690). 2. Post the joumsl entries from port 1 to the ledger sccounts. 3. Prepore o trisi bolance os of April 30 . Complete this question by entering your answers in the tabs below. Prepare general journal entries to record these transactions wing the following titles: Cash (101); Accounts Fecolvable (106); Cefice Supplies (124); Prepaid Inaurance (128); Prepsid Rent (131); Cofices Equipment (163); Accounts Payable (201); Cammon Stock (307); Dwidends (319); Services fievenue (403); and Utilities Expense (690)