For the past several years, Jeff Horton has operated a part-time consulting business from his home. As of April 1, 2018, Jeff decided to move to rented quarters and to operate the business, which was to be known as Rosebud Consulting, on a full-time basis. Rosebud entered into the following transactions during April:

Apr. 1.		The following assets were received from Jeff Horton in exchange for common stock: cash, $20,000; accounts receivable, $14,700; supplies, $3,300; and office equipment, $12,000. There were no liabilities received.
1.		Paid three months rent on a lease rental contract, $6,000.
2.		Paid the premiums on property and casualty insurance policies, $4,200.
4.		Received cash from clients as an advance payment for services to be provided and recorded it as unearned fees, $9,400.
5.		Purchased additional office equipment on account from Smith Office Supply Co., $8,000.
6.		Received cash from clients on account, $11,700.
10.		Paid cash for a newspaper advertisement, $350.
12.		Paid Smith Office Supply Co. for part of the debt incurred on April 5, $6,400.
12.		Recorded services provided on account for the period April 112, $21,900.
14.		Paid receptionist for two weeks salary, $1,650.

Record the following transactions on Page 2 of the journal:
17.		Recorded cash from cash clients for fees earned during the period April 116, $6,600.
18.		Paid cash for supplies, $725.
20.		Recorded services provided on account for the period April 1320, $16,800.
24.		Recorded cash from cash clients for fees earned for the period April 1724, $4,450.
26.		Received cash from clients on account, $26,500.
27.		Paid receptionist for two weeks salary, $1,650.
29.		Paid telephone bill for April, $540.
30.		Paid electricity bill for April, $760.
30.		Recorded cash from cash clients for fees earned for the period April 2530, $5,160.
30.		Recorded services provided on account for the remainder of April, $2,590.
30.		Paid dividends, $18,000.

Required:

1. Journalize each transaction in a two-column journal starting on Page 1, referring to the following chart of accounts in selecting the accounts to be debited and credited. If there is more than one entry on the same date, be sure to enter the transactions in the exact order as presented in the data. (Do not insert the account numbers in the journal at this time.) For a compound transaction, if an amount box does not require an entry, leave it blank.

11	Cash		31	Common Stock
12	Accounts Receivable		32	Retained Earnings
14	Supplies		33	Dividends
15	Prepaid Rent		41	Fees Earned
16	Prepaid Insurance		51	Salary Expense
18	Office Equipment		52	Supplies Expense
19	Accumulated Depreciation		53	Rent Expense
21	Accounts Payable		54	Depreciation Expense
22	Salaries Payable		55	Insurance Expense
23	Unearned Fees		59	Miscellaneous Expense

JOURNAL				PAGE 1
Date	Account Title	Post. Ref.	Debit	Credit
2018
Apr. 1
Apr. 1
Apr. 2
Apr. 4
Apr. 5
Apr. 6
Apr. 10
Apr. 12
Apr. 12
Apr. 14
JOURNAL				PAGE 2
Date	Account Title	Post. Ref.	Debit	Credit
2018
Apr. 17
Apr. 18
Apr. 20
Apr. 24
Apr. 26
Apr. 27
Apr. 29
Apr. 30
Apr. 30
Apr. 30
Apr. 30