Date	Activity
3/1/2021	The company borrowed $1,000 on a two-year note, with principle and 8% interest due at maturity. This loan from FNB Destin requires preparation of monthly financial statements.
3/1/2021	The company sold common stock to shareholders and received $90 cash.
3/1/2021	The company purchased one week worth of office supplies for use in the administrative offices, $500 cash.
3/1/2021	The company completed one tax return for a client and billed the client, Jenna Smart, $600 on invoice #101. Smart will pay the invoice within 30 days
3/4/2021	The company completed one consulting service and received cash from the client, Joseph Gerard, $100 on invoice #102.
3/5/2021	The company paid current months administrative expenses in cash, $150.
3/6/2021	The company paid sales commissions, $40.
3/15/2021	The company completed one tax return for a client, Regan Elise, and billed her $700 on invoice #103. Elise agreed to pay the invoice next month.
3/16/2021	Collected $450 from Joseph Smith on invoice #100 (from previous month).
3/17/2021	The company completed consulting service for a client, Riggs Auto, and billed him $300 on invoice #104. Riggs promised to pay next month.
3/31/2021	Collected $400 from Jenna Smart on invoice #101.
3/31/2021	The company paid administrative salaries, $70.
3/31/2021	The company accrues $7 of interest payable on the outstanding note payable.
3/31/3021	The company recognized that the equipment has lost value due to depreciation. Using straight-line depreciation, the controller computed depreciation of $5 for the month.
3/31/2021	Paid $25 dividends to owners. Use the general journal to record the March activity. Create formula cell references in the general ledger that will pull the general journal entries into the general ledger. Create formula cell references in the trial balance that will pull the general ledger balances into the trial balance. Create formula cell references in the financial statements that pulls the trial balance numbers into the financial statements.