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Karla Tanner opened a Web consulting business called Linkworks and completed the following transactions in its first month of operations. April 1 Tanner invested $

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 in exchange for common stock.
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 $3,600 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.
April 25 The company completed work for another client for $2,890 on credit.
April 28 The company paid a $5,500 cash dividend.
April 29 The company purchased $600 of additional office supplies on credit.
April 30 The company paid $435 cash for this month's utility bill.
Complete this question by entering your answers in the tabs below.
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Post the journal entries from part 1 to the ledger accounts.
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