Denzel Brooks opens a web consulting business called Venture Consultants and completes the following transactions in March. Using the following transactions, record journal entries, create financial statements, and assess the impact of each transaction on the financial statements.

Mar.		1		Brooks invested $150,000 cash along with $22,000 in office equipment in the company in exchange for common stock.
Mar.		2		The company prepaid $6,000 cash for six months rent for an office. The company's policy is to record prepaid expenses in balance sheet accounts.
Mar.		3		The company made credit purchases of office equipment for $3,000 and office supplies for $1,200. Payment is due within 10 days.
Mar.		6		The company completed services for a client and immediately received $4,000 cash.
Mar.		9		The company completed a $7,500 project for a client, who must pay within 30 days.
Mar.		12		The company paid $4,200 cash to settle the account payable created on March 3.
Mar.		19		The company paid $5,000 cash for the premium on a 12-month insurance policy. The company's policy is to record prepaid expenses in balance sheet accounts.
Mar.		22		The company received $3,500 cash as partial payment for the work completed on March 9.
Mar.		25		The company completed work for another client for $3,820 on credit.
Mar.		29		The company paid $5,100 cash in dividends.
Mar.		30		The company purchased $600 of additional office supplies on credit.
Mar.		31		The company paid $500 cash for this months utility bill.

Need help with these journal entries because I have the work done and it still says answer is not complete I'm not sure what I am missing,

Using the dropdown buttons, select the financial statement elements and account titles to be included on the income statement. The account balances will automatically populate.

This is my income statement, but I am not sure if it is correct..

VENTURE CONSULTANTS
Income Statement
For Month Ended March 31, 2017
Revenues:
Services revenue	$15,320
Total revenues		$15,320
Expenses:
Utilities expense	500
Total expenses		500
Net income		$14,820

Using the dropdown buttons, select the item that accurately describes the values that either increase or decrease the retained earnings

and not sure if this is correct because it says my answers are incorrect on HW:

VENTURE CONSULTANTS
Statement of Retained Earnings
For Month Ended March 31, 2017
Retained earnings, March 1, 2017
Add: Net income	14,820	14,820
		14,820
Less: Dividends	5,100
		5,100
Retained earnings, March 31, 2017		$9,720

Using the dropdown buttons, select the financial statement elements and account titles to be included on the balance sheet. The account balances will automatically populate.

VENTURE CONSULTANTS
Balance Sheet
March 31, 2017
Assets:
Cash	$136,700
Accounts receivable	7,820
Office supplies	1,800
Prepaid rent	6,000
Prepaid insurance	5,000
Office equipment	25,000
Total Assets		$182,320
Liabilities:
Accounts payable	600
Total Liabilities		$600
Common stock	172,000
Retained earnings	9,720
Total		181,720
Total Liabilities and Stockholders' Equity		$182,320

• lastly the balance sheet. thank you!