Karla Tanner opens a web consulting business called Linkworks and recorded the following transactions in its first month of operations.
Apr. 1	Tanner invests $80,000 cash along with office equipment valued at $26,000 in the company in exchange for common stock.
Apr. 2	The company prepaid $9,000 cash for twelve months rent for office space. The company's policy is record prepaid expenses in balance sheet accounts.
Apr. 3	The company made credit purchases for $8,000 in office equipment and $3,600 in office supplies. Payment is due within 10 days.
Apr. 6	The company completed services for a client and immediately received $4,000 cash.
Apr. 9	The company completed a $6,000 project for a client, who must pay within 30 days.
Apr. 13	The company paid $11,600 cash to settle the account payable created on April 3.
Apr. 19	The company paid $2,400 cash for the premium on a 12-month insurance policy. The company's policy is record prepaid expenses in balance sheet accounts.
Apr. 22	The company received $4,400 cash as partial payment for the work completed on April 9.
Apr. 25	The company completed work for another client for $2,890 on credit.
Apr. 28	The company paid $5,500 cash in dividends.
Apr. 29	The company purchased $600 of additional office supplies on credit.
Apr. 30	The company paid $435 cash for this months utility bill.
Descriptions of items that require adjusting entries on April 30, 2015, follow.
a)	On April 2, the company prepaid $9,000 cash for twelve months' rent for office space.
b)	The balance in Prepaid insurance represents the premium paid for a 12-month insurance policy; the policy's coverage began on April 1.
c)	Office supplies on hand as of April 30 total $1,200.
d)	Straight-line depreciation of office equipment, based on a 5-year life and a $4,000 salvage value, is $500 per month.
e)	The company has completed work for a client, but has not yet billed the $1,800 fee.
f)	Wages due to employees, but not yet paid, as of April 30 total $2,600.