Below are the transactions for Ute Sewing Shop for March, the first month of operations. March 1 Innue common stock in exchange for cash of $1,900. March ) Purchase neving equipment by signing a noto vith the local bank, $1,600. March 5 Pay rent of $490 for March. March 7 Martha, a customer, places an order for alterations to several dresses. Ute estimates that the alterations will cont Martha $690. Martha is not required to pay for the alterations until the work March 12 Purchase neving wupplies for $119 on account. This material will be used to provide services to customers. March 15 Ute delivers altered dresses to Martha and receives $690. March 19 Ute agrees to alter 10 business suits for Bob, who has lost a significant amount of weight recently. Ute receives $590 from Dob and promises the site to be completed by March 25. March 25 Ute delivers 10 altered business suits to Bob. March 30 Pay utilities of $84 for the current period. March 31 Pay dividende of $95 to stockholders. 4. Prepare a trial balance as of March 31. Credit UTE SEWING SHOP Toal Balanco March 31 Accounts Dobit Cash Supplies Equipment Accounts Payable Deferred Revenue Notes Payable Common Stock Dividends Service Revenue Rent Expense Utilities Expense Totals