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Denzel Brooks opened a Web consulting business called Venture Consultants and completed the following transactions in March March 1 Brooks invested $155,000 cash along with

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Denzel Brooks opened a Web consulting business called Venture Consultants and completed the following transactions in March March 1 Brooks invested $155,000 cash along with $26,000 in office equipment in the company in exchange for common stock. 2 The company prepaid $9,800 cash for six months' rent for an office. Hint: Debit Prepaid Rent for $9,800. 3 The company made credit purchases of office equipment for $4,700 and office supplies for $2,200. Payment is due within 10 days. 6 The company completed services for a client and immediately received $4,500 cash. 9 The company completed a $9,880 project for a client, who must pay within 30 days. 12 The company paid $6,900 cash to settle the account payable created on March 3. 19 The company paid $6,800 cash for the premium on a 12-month insurance policy. Hint: Debit Prepaid Insurance for $6,880. 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 $4,310 on credit. 29 The company paid a $6,700 cash dividend. 30 The company purchased $1,400 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 (2017: 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

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