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 $1,200. March 3 Purchase Seving equipment by signing a note with the local bank. 500 March 5 Pay rent of $420 for March March 7 Martha, #customer, places an order for alterations to several dresses. We estimates that the witertions will cost Martha $620. Martha is not required to pay for the alterations until the work is complete March 12 Purchase sewing supplies for $112 on account. This material will be used to provide services to customers March 15 ute delivers altered dresses to Martha and receives 3620 March 19 ute agrees to alter 10 business suits for Bob, who has lost ignificant out of weight recently. We receives 3520 From Bob and promises the suits to be completed by March March 25 ute delivers 10 altered business suits toob March 30 Pay utilities of $77 for the current period. March 31 Pay dividends of 560 to stockholders 4. Prepare a trial balance as of March 31 Credo UTE SEWING SHOP Trial Balance March 31 Accounts Debil Cash Supplies Equinient Accounts Payabilit Delerted Revenue Nales Payable Common Stock Dividends Service Revenue Rent Expense Utilities Expense Totals 5 0 $