April Mohr opens a web consulting business called Mohr Consulting and completes the following transactions in March. Using the following transactions, record journal entries, create financial statements, and assess the impact of each transaction on the financial statements. Mar. 1 Mohr invested $234,000 cash along with $24,800 in office equipment in the company. Mar. Mar. Mar. 2 The company prepaid $6,000 cash for six months' rent for an office. The company's policy is to record prepaid expenses in balance sheet accounts. 3 The company made credit purchases of office equipment for $5,800 and office supplies for $4,000. Payment is due within 10 days. 6 The company completed services for a client and immediately received $6,800 cash. Mar. 9 The company completed a $10,300 project for a client, who must pay within 30 days. Mar. 12 The company paid $9,800 cash to settle the account payable created on March 3. Mar. 19 The company paid $9,500 cash for the premium on a 12-month insurance policy. The company's policy is to record prepaid expenses in balance sheet accounts. Mar. 22 The company received $6,200 cash as partial payment for the work completed on March 9. Mar. 25 The company completed work for another client for $6,700 on credit. Mar. 29 Mohr withdrew $5,500 cash from the company for personal use. Mar. 30 The company purchased $1,000 of additional office supplies on credit. Mar. 31 The company paid $900 cash for this month's utility bill. Requirement General Journal General Ledger Trial Balance Income Statement St Owners Equity Balance Sheet Impact on Equity Using the dropdown buttons, select the financial statement elements and account titles to be included on the income statement. The account balances will automatically populate. Mohr Consulting Income Statement For Month Ended March 31, 2019 < Trial Balance St Owners Equity > Requirement General Journal General Ledger Trial Balance Income Statement St Owners Equity Balance Sheet Impact on Equity Using the dropdown buttons, select the item that accurately describes the values that either increase or decrease the owner's capital balance. Mohr Consulting Statement of Owner's Equity For Month Ended March 31, 2019 A. Mohr, Capital, March 1, 2019 Add: Owner investments 258,800 258,800 258,800 5,500 A. Mohr, Capital, March 31, 2019 < Income Statement 5,500 $ 253,300 Balance Sheet > Requirement General Journal General Ledger Trial Balance Income Statement St Owners Equity Balance Sheet Impact on Equity Using the dropdown buttons, select the financial statement elements and account titles to be included on the balance sheet. The account balances will automatically populate. Mohr Consulting Balance Sheet March 31, 2019 < St Owners Equity Impact on Equity >