Brian Aloan opens a web consulting business called Comic Stand and completes the following transactions in its first month of operations. Prepare journal entries for each transaction and identify the financial statement impact of each entry. The financial statements are automatically generated based on the journal entries recorded. April 1 Aloan invested $113,000 cash along with office equipment valued at $31,500 in the company in exchange for common stock. April 2 The company prepaid $15,600 cash for 12 months' rent for office space. The company's policy is to record prepaid expenses in balance sheet accounts. April 3 The company made credit purchases for $9,100 in office equipment and $4,700 in office supplies. Payment is due within 10 days. April 6 The company completed services for a client and immediately received $7,300 cash. April 9 The company completed a $11,500 project for a client, who must pay within 30 days. April 13 The company paid $13,800 cash to settle the account payable created on April 3 . April 19 The company paid $5,040 cash for the premium on a 12 -month prepaid insurance policy. The company's policy is to record prepaid expenses in balance sheet accounts. April 22 The company received $6,900 cash as partial payment for the work completed on April 9. April 25 The company completed work for another client for $5,000 on credit. April 28 The company paid $5,800 cash in dividends. April 29 The company purchased $1,700 of additional office supplies on credit. April 30 The company paid $2,500 cash for this month's utility bill. General Journal Tab - For each transaction, prepare the required journal entry on the General Journal tab. List debits before credits. General Ledger Tab - One of the advantages of general ledger software is that posting is done automatically. To see the detail of all transactions that affect a specific account, or the balance in an account at a specific point in time, click on the General Ledger tab. Trial Balance Tab - General ledger software also automates the preparation of trial balances. A trial balance lists each account from the General Ledger, along with its balance, either a debit or a credit. Total debits should always equal total credits. Income Statement Tab - The revenue and expense balances from the trial balance appear on the income statement, Every journal entry must keep the accounting equation in balance. Prepare the journal entries for each of the transactions of the Comic Stand Company, entering the debits before the credits. Each transaction will automatically be posted to the General Ledger and the Trial Balance as soon as you click "Record Entry". Journal entry worksheet April 1) Aloan invested $113,000 cash along with office equipment valued at $31,500 in the company in exchange for common stock. Note: Enter debits before credits