During the first month of operations March 2020, Porier Windows Inc completed the following transactions (Click the icon to view the transaction data) Requirements 1. Record each transaction in the journal Key each transachon by date Explanations are not required 2 Post the transactions to the T-accounts, using transaction dates as posting references 3. Prepare the trial balance of Porier Windows Inc at March 31, 2020 4 The manager asks you how much in total resources the business has to work with, how much it owes, and whether March 2020 was profile and by much). Calculate the amounts needed to answer her questions Requirement 1. Record each transaction in the journal Key each transaction by dale Explanations are not required (Record debits first, then credit) Begin by recording the entry for March 2nd. Poner received $40,000 cash and issued common shares to shareholders Journal Entry Accounts Debit Date Credit Mar ansaction da Mar. 2 Porier received $40,000 cash and issued common shares to shareholders 3 Purchased supplies, $500, and equipment, $2,800, on account 4 Performed services, and received cash, $1,300. 7 Paid cash to acquire land for an office site, $28,000 11 Repaired a window and billed the customer $600 16 Paid for the equipment purchased March 3 on account 17 Paid the telephone bill, $190 18 Received partial payment from client on account, $300. 22 Paid the water and electricity bills, $550 29 Received $1,600 cash for installing a new window 31 Paid employee salary, $1,800. 31 Declared and paid dividends of $1,100