Eduardo Rodriguez opens a web consulting business called Rodriguez Consulting and completes the following transactions in March. Using the following transactions, record journal entries, create financial statements, and assess the impact of each transaction on the financial statements. Mar. 1 Rodriguez invested $153,000 cash along with $22,100 in office equipment in the company. Mar. 2 The company prepaid $8,000 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 equipment for $3,100 and office supplies for $1,300. Payment is due within 10 days. Mar. 6 The company completed services for a client and immediately received $4,100 cash. Mar. 9 The company completed a $7,600 project for a client, who must pay within 30 days. Mar. 12 The company paid $4,400 cash to settle the account payable created on March 3. Mar. 19 The company paid $5,100 cash for the premium on a 12-month insurance policy. The company's policy is to record prepaid expenses in balance sheet accounts. Mar. 22 The company received $4,600 cash as partial payment for the work completed on March 9. Mar. 25 The company completed work for another client for $4,000 on credit. Mar. 29 Rodriguez withdrew $5,200 cash from the company for personal use. Mar. 30 The company purchased $700 of additional office supplies on credit. Mar. 31 The company paid $600 cash for this month's utility bill