Karla Tanner opened a web consulting business called Linkworks and recorded the following transactions in its first month of Apr. 1 Tanner invests $80,000 cash long with office equipment valued at $26,000 in the company Apr. 2 The company prepaid 9,000 cash Eor twelve months rent for office space. The company Apr. 3 The company made credit purchases for $8,000 in office equipment and 3, 600 in office points n exchange f r common tock policy is record prepaid expenses in balance sheet accounts upplies. Payment i due within 10 dav Apr. The company completed services for a client and immediately received $4, 000 cash Apr. 9 The company completed a $6,000 project for client, who must pay within 30 days Apr. 13 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 policy is record prepaid expenses in balance sheet accounts Apr. 22 The company received $4,400 cash a, partial payment for the rk completed on April 9 Apr. 25 The company completed work fo another client for $2, 890 on credit Apr. 28 The company paid $5,500 cash in dividends Apr. 29 The company purchased $600 of additional office supplies on credit Apr. 30 The company paid $435 cash for this month utility bi1l Descriptlons of Items that require adjusting entries on April 30, 2017, follow. a) On April 2, the company prepaid $9,000 cash for twelve months' rent for office space. b) The balance in Prepaid insurance represents the premium paid for a 12-month insurance policy the policy's coverage began on April c) Office supplies on hand as of April 30 total $1,200. d) Straight-line depreciation of office equipment, based on a 5-yeor life and a $4,000 salvage value, is $500 per month. e) The company has completed work for o client, but has not yet billed the $1.800 fee. 1 Wages due to employees, but not yet paid, as of April 30 total $2,600 Answer is not complete. General Ledger St Reta ned mpact an Balance Sheet ournal For transactions a-f, review the unadjusted balance and prepare the adjusting entry necessary to correctly report the revenue earned or the expense incurred. Each adjustment is pasted automatically to the general ledger and trial balance as soon as you click "record entry Account Title Debit Credit Apr 30 Prepaid rent Cash 9,000 9,000 Apr 30 Prepaid insurance 2,400