Denzel Brooks opened a Web consulting business called Venture Consultants and completed the following transactions in March. Narch 1 arooks Invented $195,000 canh along with $29,000 in office equipment in the company in exehange for common stock. March 2 The company prepaid $9,500 cash for six months' rent for an office. Hint; Debit Prepald Rent for $9,500. March 3 The company made eredit parchases of office equipment for $3,400 and of 1 ce aupplles for $2,000. Payment ia due. vithin 10 days. March 6 The company completed Eervices for a client and 1mmediately roceived $4,000 cash. Mareh 9 The company completed a $10,300 project on eredit for a olient, who muot pay within 30 days. March 12 The company pald $5,400 cash to settle the account payable created on Mareh 3. Kareb 19 The company paid 54,400 canh for the premium on a 12 -month insurance policy. Hintf Dobit Prepaid Insurance for 54,400 . March 22 The company recelved $4,200 eash as partial payment for the work completed on Kareh 9 . Mareh 25 The company completed work for another client for $4,120 on oredit. Mareh 29 The company padd a $6,200 eash dividend. March 30 The company parchased $1,600 of additional office eupplies on credit. Wareh 31 The company paid $900 cabh for this month's utility bi11. Required; 1. Prepare generaljournal entries to record these transactions using the following tities: Cash (101); Accounts Recelvable (106); Office Supplies (124); Prepald 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 joumal entries from part 1 to the ledger accounts. 3. Prepare a trial balance as of the end of March. Post the journal entries from part 1 to the ledger accounts. \begin{tabular}{|l|l|l|l|} \hline \multicolumn{2}{|c|}{ 101: Cash } & \\ \hline Date & Debit & Credit & Balance \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline Date & Debit & Credit & Balance \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular} \begin{tabular}{|l|c|c|c|} \hline \multicolumn{1}{|c|}{ 131: Prepaid Rent } & \\ \hline Date & Debit & Credit & Balance \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline \multicolumn{2}{|c|}{ 106: Accounts Receivable } \\ \hline Date & Debit & Credit & Balance \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline Date & Debit & Credit & Balance \\ \hline & & & \\ \hline & & & \\ \hline Date & & & \\ \hline & Debit & Credit & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline \multicolumn{2}{|c|}{ 690: Utilitios Exponse } & \\ \hline Date & Debit & Credit & Balance \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} Required 1 Required 3> Prepare a trial balance as of the end of March
