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

April 1Tanner invested $105,000 cash along with office equipment valued at $25,200 in the company in exchange for common stock.April 2The company prepaid $7,200 cash for 12 months rent for office space. Hint: Debit Prepaid Rent for $7,200.April 3The company made credit purchases for $12,600 in office equipment and $2,520 in office supplies. Payment is due within 10 days.April 6The company completed services for a client and immediately received $2,000 cash.April 9The company completed a $8,400 project for a client, who must pay within 30 days.April 13The company paid $15,120 cash to settle the account payable created on April 3.April 19The company paid $6,000 cash for the premium on a 12-month prepaid insurance policy. Hint: Debit Prepaid Insurance for $6,000.April 22The company received $6,720 cash as partial payment for the work completed on April 9.April 25The company completed work for another client for $2,640 on credit.April 28The company paid a $6,200 cash dividend.April 29The company purchased $840 of additional office supplies on credit.April 30The company paid $700 cash for this months utility bill.

Required:

1. 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); Common Stock (307); Dividends (319); Services Revenue (403); and Utilities Expense (690).
2. Post the journal entries from part 1 to the ledger accounts.
3. Prepare a trial balance as of April 30.

Journal entry worksheet 5678 The company prepaid $7,200 cash for 12 months' rent for office space. Note: Enter debits before credits. \begin{tabular}{|l|l|l|l|} \hline \multicolumn{4}{|c|}{ 690: Utilities Expense } \\ \hline Date & Debit & Credit & Balance \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} Journal entry worksheet 12 12 The company received $6,720 cash as partial payment for the work completed on April 9. Note: Enter debits before credits. Journal entry worksheet 1 6 812 The company completed services for a client and immediately received $2,000 cash. Note: Enter debits before credits. Post the journal entries from part 1 to the ledger accounts. Journal entry worksheet The company paid $15,120 cash to settle the account payable created on April 3. Note: Enter debits before credits. Journal entry worksheet The company paid $700 cash for this month's utility bill. Note: Enter debits before credits. Journal entry worksheet Tanner invested $105,000 cash along with office equipment valued at $25,200 in the company in exchange for common stock. Note: Enter debits before credits. Prepare a trial balance as of April 30 . Journal entry worksheet \begin{tabular}{llll|l}