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

March 1

Brooks invested $175,000 cash along with $28,000 in office equipment in the company.

2

The company prepaid $8,500 cash for six months' rent for an office. (Hint: Debit Prepaid Rent for $8,500.)

3

The company made credit purchases of office equipment for$3,800and officesupplies for $1,800. Payment is due within 10 days.

6

The company completed services for a client and immediately received$5,000cash.

9

The company completed a $11,700 project for a client, who must pay within 30days.

12

The company paid $5,600 cash to settle the account payable created on March 3.

19

The company paid $5,400 cash for the premium on a 12-month insurancepolicy. (Hint: Debit Prepaid Insurance for $5,400.)

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 $3,530 on credit.

29

Brooks withdrew $4,700 cash from the company for personal use.

30

The company purchased $1,000 of additional office supplies on credit.

31

The company paid $600 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).

check my workreferencesebook & resources 2. value: 2.85 points

2.	Open the ledger accounts for the account titles referred in part 1 and post the journal entries from part 1 to the ledger accounts.

check my workreferencesebook & resources 3. value: 2.85 points

3.	Prepare a trial balance as of the end of March.