Below are the transactions for Baste Sewing Shop for March, the first month of operations. March 1 Issue commen stock in exchange for cash of 51,000 . Harch 3. Purchase seaing equipaent by sipning a note with the local bank, s7ea. March s Pay rent of $400 for Harch. March 7 Partha, a customer, places an order for alterations to several dresses, Easte estimates that the alterations will cost Harch 12 Purchase sewing supplies for $110 on dccount. This eaterial w11 be used to provide services to custoners. March 25 Easte delivers altered dresses to Martha and recelves $600. March 19 Baste agrees to alter io business suits for bob, who has lost a significant anount of weight recently. Baste receives Harch 25 baste dellvers 10 altered business suits to Eob. March 30 Pay utilities of $75 for the current period. Mareh 11 Pay dividends of $50 to stockholders. Required: 1. Record each transaction. 2. \& 3. Post each transaction to the appropriate Taccounts and calculate the balance of each account at March 31. 4. Prepare a tral balance as of March 31 . Journal entry worksheet