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did i fill this out correct Nina Miller opens a web consulting business called Miller Consulting and completes the following transactions in March. Using the
did i fill this out correct
Nina Miller opens a web consulting business called Miller Consulting and completes the following transactions in March. Using the following transactions, record joumal entries, create financial statements, and assess the impact of each transaction on financial statements. Mar. 1 Miller invested $189,600 cash along with $23,300 in office equipent in the conpany. Mar. 2 The company prepaid $8,060 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 equiponent for 54,300 and office supplies for $2,500. Payment is due within 10 days. Mar. 6 The company completed services for a client and imediately received 35,300 cash. Mar. 9 The company completed a $8,800 project for a client, who must pay within 30 days. Mar. 12 The company paid $6,80e cash to settle the account payable created on March 3. Mar. 19 The company paid $6,500 cash for the premius on a 12 -month insurance policy. The conpany's policy is to record prepaid expenses in balance sheet accounts. Mar. 22 The company received $5,360 cash as partial paynent for the work conpleted on March 9. Mar. 25 The company completed work for another client for $5,200 on credit. Mar. 29 Miller withdrew $5,600 cash from the company for personal use. Mar. 30. The company purchased $1,100 of additional office supplies on credit. Mar. 31 The company paid $1,000 cash for this month's utility bill. Using the dropdown buttons, select the financial statement elemennens and account titles to be included on the income statement. The account balances will automatically populate
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