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 $3,600 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 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 months utility bill Required 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) Post the journal entries from part 1 to the ledger accounts Prepare a trial balance as of April 30 A Account title options for part a 101 Cash 106 Accounts receivable 124 Office supplies 128 Prepaid insurance 131 Prepaid rent 163 Office equipment 201 Accounts payable 301 K Tanner, Capital 302 K Tanner, Withdrawals 403 Services revenue 690 Utilities expense B Date column options for all tables on part b April 01 April 02 April 03 April 06 April 09 April 13 April 19 April 22 April 25 April 28 April 29 April 30 C Options for first blank column on the table for part c 101 Cash 106 Accounts receivable 124 Office supplies 128 Prepaid insurance 131 Prepaid rent 163 Office equipment 201 Accounts payable 301 K Tanner, Capital 302 K Tanner, Withdrawals 403 Services revenue 690 Utilities expense Journal entry worksheet Tanner invested $80,000 cash along with office equipment valued at $26,000 in the company Note Enter debits before credits Prepare a trial balance as of April 30

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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 $80,000

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 $3,600 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 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 months utility bill.

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 $3,600 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	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 months utility bill.

Required:

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).
Post the journal entries from part 1 to the ledger accounts.
Prepare a trial balance as of April 30.

Account title options for part a: 101: Cash

106: Accounts receivable
124: Office supplies
128: Prepaid insurance
131: Prepaid rent
163: Office equipment
201: Accounts payable
301: K. Tanner, Capital
302: K. Tanner, Withdrawals
403: Services revenue
690: Utilities expense

Date column options for all tables on part b:

April 01

April 02
April 03
April 06
April 09
April 13
April 19
April 22
April 25
April 28
April 29
April 30

Options for first blank column on the table for part c:

101: Cash
106: Accounts receivable
124: Office supplies
128: Prepaid insurance
131: Prepaid rent
163: Office equipment
201: Accounts payable
301: K. Tanner, Capital
302: K. Tanner, Withdrawals
403: Services revenue
690: Utilities expense

Journal entry worksheet Tanner invested $80,000 cash along with office equipment valued at $26,000 in the company. Note: Enter debits before credits. Prepare a trial balance as of April 30