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Kaseb Nawar opens a Web consulting business called Meshreki Consultants and completes the following transactions in March. March 1 Nawar invested $170,000 cash along with

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Kaseb Nawar opens a Web consulting business called Meshreki Consultants and completes the following transactions in March. March 1 Nawar invested $170,000 cash along with $27,000 in office equipment in the company. 2 The company prepaid $6,500 cash for six months' rent for an office. 3 The company made credit purchases of office equipment for $5,000 and office supplies for $2,100. Payment is due within 10 days. 6 The company completed services for a client and immediately received $6,000 cash. 9 The company completed a $11,600 project for a client, who must pay within 30 days. 12 The company paid $7,100 cash to settle the account payable created on March 3. 19 The company paid $5,500 cash for the premium on a 12-month insurance policy. 22 The company received $4,900 cash as partial payment for the work completed on March 9. 25 The company completed work for another client for $4,610 on credit. 29 Nawar withdrew $6,700 cash from the company for personal use. 30 The company purchased $1,500 of additional office supplies on credit. 31 The company paid $600 cash for this month's utility bill. Required: Prepare general journal entries to record these transactions using the following titles: Cash; Accounts Receivable; Office Supplies; Prepaid Insurance; Prepaid Rent; Office Equipment; Accounts Payable; K. Nawar, Capital; K. Nawar. Withdrawals; Services Revenue; and Utilities Expense. ANSWER No. Date General Journal Debit Credit

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