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GLO204. (No Analysis Tab) Based on Problem 2-1A Linkworks Company LO A1, C3, C4, P1, P2 Karla Tanner opens a web consulting business called Linkworks

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GLO204. (No Analysis Tab) Based on Problem 2-1A Linkworks Company LO A1, C3, C4, P1, P2 Karla Tanner opens a web consulting business called Linkworks 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. 1 Tanner invested $80,00 cash along with office equipment valued at $26,6ee in the company. Apr. 2 The company prepaid $9.000 cash for 12 months rent for office space. The company's policy is record prepaid expenses in balance sheet accounts Apr. The company made credit purchases for $8,000 in office equipment and $7,6ee in office supplies. Payment is due within 10 days. Apr 6 The company completed services for a client and immediately received $4,600 cash. Ape 9 The company completed a $6,000 project for a client, who must pay within 3 days. Apr 1 The company paid $11,600 cash to settle the account payable created on April 3. Apr 19 The company paid $2,400 cash for the premium on a 12-month insurance policy. The company's policy is record prepaid expenses in balance sheet accounts. Apr. 22 The company received $4,480 cash as partial payment for the work completed on April 9. Apr 25 The company completed work for another client for $2,890 on credit. Apr 28 Tanner withdrew $5,500 cash from the company for personal use. Apr. 29 The company purchased See of additional office supplies on credit Apr 30 The company paid 5435 cash for this month's utility bill. Requirement General General Ledger mal Balance Journal Income Statement St Owners Equity Balance Sheet Every journal entry must keep the accounting equation in balance. Prepare the journal entries for each of the transactions of the Linkworks Company, entering the debits before the credits. Each transaction will automatically be posted to the General Ledger and the Trial Balance as soon as you dick "Record Entry". View transactions Journal entry worksheet 1 2 3 4 6 6 7 12 > Apr. 1) Tanner invested $80,000 cash along with office equipment valued at 526,000 in the company

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