April i Sweet invested $137,000 cash along with office equipment valued at $35,500 in the company in exchange for common stock. April 2 The company prepaid $20,400 cash for 12 months' rent for office space. The company's policy is to record prepaid expenses in balance sheet accounts. April 3 The company made credit purchases for $9,900 in office equipment and $5,500 in office supplies. Payment is due within 10 days. April 6 The company completed services for a client and immediately received $9,700 cash. April 9 The company completed a $15,500 project for a client, who must pay within 30 days. April 13 The company paid $15,400 cash to settle the account payable created on April 3. April 19 The company paid $6,960 cash for the premium on a 12-month prepaid insurance policy. The company's policy is to record prepaid expenses in balance sheet accounts. April 22 The company received $9,300 cash as partial payment for the work completed on April 9. April 25 The company completed work for another client for $5,800 on credit. April 28 The company paid $5,800 cash in dividends. April 29 The company purchased $2,500 of additional office supplies on credit. April 30 The company paid $2,500 cash for this month's utility bill. $ o Transaction: Net Income Total Total Assets Liabilities Total Equity Income Where can you go to find each of your answers? statement Balance sheet Balance sheet Balance sheet April 1 Sweet invested $137,000 cash along with office equipment valued at $35,500 in the company in $ 0 $ 172,500 $ 0 $ 172,500 exchange for common stock. April 2 The company prepaid $20,400 cash for 12 months' rent for office space. The company's policy is 172,500 0 172,500 record prepaid expenses in balance sheet accounts. April 3 The company made credit purchases for $9,900 in office equipment and $5,500 in office 15,400 supplies. Payment is due within 10 days. April 9 The company completed a $9,700 project for a client, who must pay within 30 days. 15,400 April 9 The company completed a $15,500 project for 15,400 a client, who must pay within 30 days. April 13 The company paid $15,400 cash to settle the account payable created on April 3. April 19 The company paid $6,960 cash for the premium on a 12-month prepaid insurance policy. The company's policy is to record prepaid expenses in balance sheet accounts. April 22 The company received $9,300 cash as partial 9,300 payment for the work completed on April 9. April 25 The company completed work for another 9,300 client for $5,800 on credit 178,300 April 28 The company paid $5,800 cash in dividends. 9,300 April 29 The company purchased $2,500 of additional office supplies on credit. 9,300 2,500 April 30 The company paid $2,500 cash for this 6,800 month's utility bill. 181,800 2,500 179,300