COM 111 Gymathlab Googl mework Chapter 2 coconexternal browstrelaunchUrl=http%253A%252F%252fc.com/S Tutoring Services To Do Assignments Seved St Help Save & Exit Submit 5 Book wint ences Denzel Brooks opened a Web consulting business called Venture Consultants and completed the following transactions in March March 1 Brooks invested $170,000 cash along with $27,000 in office equipment in the company in exchange for common stock. 2 The company prepaid $7,000 cash for six months' rent for an office. Hint: Debit Prepaid Rent for $7,000, 3 The company made credit purchases of office equipment for $2,500 and office supplies for $1,800. Payment is due within se days. 6 The company completed services for a client and immediately received $5,see cash. 9 The company completed a $8,900 project for a client, who must pay within 30 days. 12 The company paid $4,300 cash to settle the account payable created on March 3. 19 The company paid $4,900 cash for the premium on a 12-month insurance policy. Hint: Debit Prepaid Insurance for $4,988. 22 The company received $5,000 cash as partial payment for the work completed on March 9. 25 The company completed work for another client for $5,ese on credit. 29 The company paid a $6,200 cash dividend. 30 The company purchased $1,600 of additional office supplies on credit. 31 The company paid $1,300 cash for this month's utility bill. Required: 1. Prepare general journal entries to record these transactions using the following titles: Cash (101), Accounts Receivable (106) Office Supplies (124) Prepaid Insurance (128); Prepaid Rent (131); Office Equipment (163) Accounts Payable (201) Common Stock (307) Dividends (319) Services Revenue (403); and Utilities Expense (690) 2. Post the journal entries from part 1 to the ledger accounts. 3. Prepare a trial balance as of the end of March. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a trial balance as of the end of March. VENTURE CONSULTANTS Trial Balance March 31 Debit Credit I