Below are the transactions for Baste Sewing Shop for March, the first month of operations. March 1 Issue common stock in exchange for cash of $2,400. March 3 March 5 March 7 Purchase sewing equipment by signing a note with the local bank, $2,100. Pay rent of $540 for March. Martha, a customer, places an order for alterations to several dresses. Baste estimates that the alterations will cost Martha $740. Martha is not required to pay for the alterations until the work is complete. March 12 Purchase sewing supplies for $124 on account. This material will be used to provide services to customers. March 15 Baste delivers altered dresses to Martha and receives $740. March 19 Baste agrees to alter 10 business suits for Bob, who has lost a significant amount of weight recently. Baste receives $640 from Bob and promises the suits to be completed by March 25. March 25 Baste delivers 10 altered business suits to Bob. March 30 Pay utilities of $89 for the current period. March 31 Pay dividends of $120 to stockholders. Requirement General Journal General Ledger Trial Balance Record each of the transactions listed above in the 'General Journal' tab (these are shown as items 1-10). Review the 'General Ledger' and the 'Trial Balance' tabs to see the effect of the transactions on the account balances.

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Below are the transactions for Baste Sewing Shop for March, the first month of operations: March 1: Issue connor stock in exchange for cash of $2,400, March 3 Purchase sering equipment by signing a note with the local bank, 52,160 , March 5 pay reat of 5540 for March. March 7 Martha, a custeecr, places an order foc alterations to several dresses. Baste estimates that the alterations mill cost Merthi 5740 . Martha is not required ta pay for the alterations until tik work is coeplete. rarch 12 Purchase sewing supplies for $124 on account. This katerial wi11 be used to pronide services to custoners. Karch 15 Baste delfuers altered dresses to Martha and recelves 5740 . March 19 Easte agrees to alter lo business sults for lob, who hes lost a signiflicant arownt of welght recently, Baste receives f640 from bob and pronises the sults to be coepleted by March 25 . Harch 25 thaste delivers 10 altered business sults to 106 . March 30 Pay utilitiesiof 359 for the current period. March 31 May Aividends of $120 to stochholders. Record each of the transactions listed above in the 'General Joumal' tab (these are shown as items 1 - 10 ). Review the 'General Ledger' and the 'Trial Bahance' tabs to see the effect of the trarsactions on the account balancen. \begin{tabular}{|l|l|l|} Requirement & GeneralJournal & GeneralLedger \\ \hline \end{tabular} BASTE SEWING SHOP Trial Balance March 31, 2024 \begin{tabular}{|l|l|l|l|} \hline Account Title & Debit & Credit \\ \hline Total & 5 & 0 & 5 \\ \hline \end{tabular} General Ledger Journal entry worksheet 34567 Issue common stock in exchange for cash of $2,400. Note: Enter debits before credits