During the first month of operations, March 2020, Reynolds Windows Inc. completed the following transactions. (Click the icon to view the transaction data.) Requirements 1. Record each transaction in the journal. Key each transaction 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 Reynolds 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 profitable (and by how much). Calculate the amounts needed to answer her questions. Requirement 1. Record each transaction in the journal. Key each transaction by date. Explanations are not required. (Record debits first, then credits.) Begin by recording the entry for March 2nd. Reynolds received $42,000 cash and issued common shares to shareholders. Date Mar. Journal Entry Accounts Debit Credit