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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 $190,000 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 $190,000 cash along with $21,000 in office equipment in the company. March 2 The company prepaid $7,500 cash for six months' rent for an office. Hint: Debit Prepaid Rent for $7,500. March 3 The conpany made credit purchases of office equipment for $4,488 and office supplies for $2,690. Payment is due within 10 days. March 6 The company completed services for a client and immediately received $5,500 cash. March 9 The company completed a $8,100 project on credit for a client, who must pay within 30 days. March 19 The company paid $7.300 cash for the premium on a 12-month insurance policy. Wint: Debit Prepaid Insurance for $7,300. March 22 The company received 55,200 cash as partial payment for the work completed on March 9. March 25 The company completed work for another client for $3,910 on credit. March 29 Brooks withdrew $5,300 cash from the company for personal use. March 30 The company purchased $700 of additional office supplies on credit. March 31 The company paid $1,400 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); D. Brooks, Capital (301); D. Brooks, Withdrawals (302), 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. . Reid

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