Karla Tanner opened a Web consulting business called Linkworks and completed the following transactions in its first month of operations. April 1 Tanner invested $80,000 cash along with office equipment valued at $26,000 in the company. April 2 The company prepaid $9,000 cash for 12 months rent for office space. Hint: Debit Prepaid Rent for $9,000. April 3 The company made credit purchases for $8,000 in office equipment and $3,500 in office supplies. Payment is due within 10 days. April 6 The company completed services for a client and immediately received $4,000 cash. April 9 The company completed a $6,000 project for a client, who must pay within 30 days. April 13 The company paid $11,600 cash to settle the account payable created on April 3. April 19 The company paid $2,400 cash for the premium on a 12-month prepaid insurance policy. Hint: Debit Prepaid Insurance for $2,400. April 22 The company received $4,400 cash as partial payment for the work completed on April 9. Apr11 25 April 28 The company completed work for another client for $2.890 on credit. Tanner withdrew $5,500 cash from the company for personal use. April 29 The company purchased $600 of additional office supplies on credit. April 30 The company paid $435 cash for this month's utility bl. Required: 1. Prepare general journal entries to record these transactions using the following titles: Cosn (101) Accounts Receivable (106), Office Supplies (124); Prepaid insurance (128) Prepaid Rent (131), Office Equipment (163). Accounts Payable (201); K. Tanner Capital (301): K Tanner. Withdrawals (302) Services Revenue (403) ond Utilities Expense (690) 2. Post the journal entries from part 1 to the ledger accounts 3. Prepare a thai balance as of April 30 Required 1 Required 2 Required 3 Prepare general journal entries to record these transactions using the following titles: Cash (101); Accounts Receivable (106); Office Supplies (124): Prepaid Insurance (128): Prepaid Rent (131): Office Equipment (163): Accounts Payable (201); K. Tanner, Capital (301): K. Tanner, Withdrawals (302): Services Revenue (403); and Utilities Expense (690). View transaction list View journal entry worksheet No Date Account Title April 01 Cash Office equipment 2 April 02 Prepaid rent Required 2 > Debit Credit 80,000 26.000 0.000 Date Date 201: Accounts Payable Debit Credit Balance Date 301: K. Tanner, Capital Debit Credit Balance 302: K. Tanner, Withdrawals 403: Services Revenue Debit Credit Balance Date Debit Credit Balance 690: Utilities Expense Date Debit Credit Balance Required 1 Required 2 Required 3 Prepare a trial balance as of April 30. LINKWORKS Trial Balance April 30 Debit Credit Total $ Required 2 Post the journal entries from part 1 to the ledger accounts. 101: Cash 106: Accounts Receivable Date Debit Credit Balance Date Debit Credit Balance Date 124: Office Supplies Debit Credit Balance Date 128: Prepaid Insurance Debit Credit Balance 131: Prepaid Rent 163: Office Equipment Date Debit Credit Balance Date Debit Credit Balance 24 Annnunta Pavabla ant K Tanner Canital