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begin{tabular}{|c|c|c|c|} hline multicolumn{4}{|c|}{ 302: K. Tanner, Withdrawals } hline Date & Debit & Credit & Balance hline & & & hline &

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\begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|c|}{ 302: K. Tanner, Withdrawals } \\ \hline Date & Debit & Credit & Balance \\ \hline & & & \\ \hline & & 4 & \\ \hline & & & \\ \hline \end{tabular} Problem 2-1A (Algo) Preparing and posting journal entries; preparing a trial 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 Tonner invested $100,000 cash elong with office equipment valued at $24,000 in the company. April 2 The company prepaid $7,200 cash for 12 months' rent for office space. Hint: Debit Prepoid Rent for $7,200. April 3 The company made credit purchases for $12,000 in office equipeent and $2,400 in office supplies. Payment is due within days. April 6 . The company completed services for a client and inmediately recelved $2,000 cash. April 9 The company completed a $8,000 project for a client, who must pay within 30 days. Apri1 13 The company pald $14,400 cash to settle the account payable created on Apri1 3. Apri1 19 The company pald $6,000 cash for the prealum on a 12 -month prepaid insurance policy. Hinc: Debit Prepaid Insurance for $6,000. Apr 11 22. The company recefved 56,400 cash as partial payment for the work completed on Apr 119. Apri1 25 The company completed work for another client for $2,640 on credit. Apri1 28 Tanner withdrew $6,200 cash from the company for personal use. Apr11 29 The company purchased $300 of additional office supplies on credit. April 30 The company pald $700 cash for this month's utility bili. Required: 1. Prepare general journal entries to record these transactions using the following thiles. Cash (101); Accounts Receivable (106): Office Supplies (124); Prepaid Insurance (128): Prepaid Rent (131); Office Equipment (163); Accounts Payable (201): K. Tanner: Capital (301): K. Tanner, Withdrawals (302): Services Revenue (403); and Utities Expense (690). 2. Post the joumal entries from part 1 to the ledger accounts. 3. Prepare a trial balance as of April 30

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