Denzel Brooks opened a Web consulting business called Venture Consultants and completes the following transactions in March March 1 Brooks invested $170,000 cash along with $22,000 n office equipment in the company in exchange for common stock. 2 The company prepaid $6,500 cash for six months' rent for an office. (Hint: Debit Prepaid Rent for $6,500.) 3 The company made credit purchases of office equipment for $4,500 and office supplies for $1,200. Payment is due within 10 days. 6 The company completed services for a client and immediately received $6,500 cash 9 The company completed a $9,300 project for a client, who must pay within 30 days. 12 The company paid $5,700 cash to settle the account payable created on March 3 19 The company paid $4,400 cash for the premium on a 12-month insurance policy. (Hint: Debit Prepaid Insurance for $4,400.) 22 The company received $4,200 cash as partial payment for the work completed on March 9 25 The company completed work for another client for $4,970 on credit. 29 The company paid $7,100 cash in dividends 30 The company purchased $1,300 of additional office supplies on credit 31 The company paid $800 cash for this month's utility bil1. 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