Below are the transactions for Ute Sewing Shop for March, the first month of operations. March 1 Issue common stock in exchange for cash of $1,500. March 3 Purchase sewing equipment by signing a note with the local bank, $1,200. March 5 Pay rent of $450 for March. March 7 Martha, a customer, places an order for alterations to several dresses. Ute estimates that the alterations will cost Martha $650. Martha is not required to pay for the alterations until the work is complete. March 12 Purchase sewing supplies for $115 on account. This material will be used to provide services to customers. March 15 Ute delivers altered dresses to Martha and receives $650. March 19 Ute agrees to alter 10 business suits for Bob, who has lost a significant amount of weight recently. Ute receives $550 from Bob and promises the suits to be completed by March 25. March 25 Ute delivers 10 altered business suits to Bob. March 30 Pay utilities of $80 for the current period. March 31 Pay dividends of $75 to stockholders.

Record each transaction. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Journal entry worksheet

Note: Enter debits before credits.

Date	General Journal	Debit	Credit
March 01