Karla Tanner opens a Web consulting business called Linkworks and completed the following transactions in its first month of operations April 1 Tanner invested $105,00 cash along with office equipment valued at $25,288 in the company. 2 The company prepaid $7,280 cash for 12 months' rent for office space. Wint: Debit Prepaid Rent for $7,200. 3 The company made credit purchases for $12,600 in office equipment and $2,520 in office supplies. Payment is due within 10 days. 6 The company completed services for a client and immediately received $2,000 cash. 9 The company completed a $8,400 project for a client, who must pay within 30 days. 13 The company paid $15, 120 cash to settle the account payable created on April 3. 19 The company paid $6,000 cash for the premium on a 12-month insurance policy. Hint: Debit Prepaid Insurance for $6,000. 22 The company received $6,720 cash as partial payment for the work completed on April 9. 25 The company completed work for another client for $2,640 on credit. 28 Tanner withdrew $6,200 cash from the company for personal use. 29 The company purchased $840 of additional office supplies on credit. 30 The company paid $700 cash for this month's utility bill Required: 1. Prepare general journal entries to record these transactions using the following titles Cash (101. Accounts Receivable (106]. Office Supplies 1124). Prepaid Insurance (128). Prepaid Rent (131), Office Equipment (163) Accounts Payable (200K Tarner, Capital (301) Tanner, Withdrawals (302), Services Revenue (403), and Utilities Expense (690). 2. Post the journal entries from part to the ledger accounts 3. Prepare a trial balance as of April 30 Complete this question by entering your answers in the tabs below. Required Required 2 Required) Prepare general journal entries to record these transactions using the following titlest Cash (101): Accounts Receivable (106) Office Supplies (124) Prepaid Insurance (120). Prepaid Rent (191) Office Equipment (103): Accounts Payable (201) K. Tanner, Capital (201): K. Tanner, withdrawals (202): Services Revenue (405), and utilities Expense (690). View transaction ist Journal entry worksheet Prev 1 of 2 !! Next > Fam-Parti Postiumai trumpare the best counts 101 1 Debel tatt falto tame Supplies Crede ne Das Db repede HO De Cid Die Artike K tom Db C C we 100 12 > G Type to search B! o @ DELL +7 F 2 3 5 B Tab a w E R R T T 1 1 13 Croce D Dute 20 D Chat Dale Thebe OR Net Tych RI E 0 DELL VO 2 3 4 5 Tib Q w w E R 1 Caps Lock A A S D F G H K ST N C BN B M mening your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a trial balance as of April 30. LINKWORKS Trial Balance April 30 Debit Credit Total $ 0 $ o
