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

Denzel Brooks opens a Web consulting business called Venture Consultants and completes the following transactions in March.

March 1

Brooks invested $155,000 cash along with $30,000 in office equipment in the company.

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 $4,600 and office supplies for $1,100. 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 $10,000 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 $6,500 cash for the premium on a 12-month insurance policy. (Hint: Debit Prepaid Insurance for $6,500.)
22

The company received $3,800 cash as partial payment for the work completed on March 9.

25 The company completed work for another client for $4,480 on credit.
29 Brooks withdrew $4,900 cash from the company for personal use.
30 The company purchased $1,700 of additional office supplies on credit.
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:

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