General journal entry, trial balance entry income statement entry, st owners entry, balance sheet entry

Jim Carey opens a web consulting business called Forever Fitness and completes the following transactions in its first month of operations. Prepare journal entries for each transaction and identify the financial statement impact of each entry The financial statements are automatically generated based on the journal entries recorded. Apr. 1 Carey invested $155,000 cash along with office equipment valued at $38,500 in the company. Apr. 2 The company prepaid $24,000 cash for 12 months' rent for office space. The company's policy is record prepaid expenses in balance sheet accounts. Apr. 3 The company made credit purchases for $10,50 in office equipment and $6,100 in office supplies. Payment is due within 10 days. Apr. 6 The company completed services for a client and immediately received $11,500 cash. Apr. 9 The company completed a $18,500 project for a client, who must pay within 30 days. Apr. 13 The company paid $16,600 cash to settle the account payable created on April 3. Apr. 19 The company paid $8,400 cash for the prentun on a 12-month insurance policy. The company's policy is record prepaid expenses in balance sheet accounts. Apr. 22 The company received $11,100 cash as partial payment for the work completed on April 9. Apr. 25 The company completed work for another client for $6,400 on credit. Apr. 28 Carey withdrew $5,600 cash from the company for personal use. Apr. 29 The company purchased $3,100 of additional office supplies on credit. Apr. 30 The company paid $2,100 cash for this month's utility bill. Requirement General General Income Trial Balance St Owners Journal Ledger Statement Balance Sheet Equity Every journal entry must keep the accounting equation in balance. Prepare the journal entries for each of the transactions of the Forever Fitness Company, entering the debits before the credits. Each transaction will automatically be posted to the General Ledger and the Thal Balance as soon as you click "Record Entry" View transaction list