L03-3, L03-4, L03-5, L03-6. L03-7, 103-B, L03-9 PROBLEM 3.78 Short Comprehensive Problem Ahuna, Inc., provides in-home cooking lessons to its chents. The following is the company's trial balance dated March 1, current year. Cash Accounts receivable Cooking supplies Accounts payable Dividends payable Dividends Capital stock Retained earnings Client revenue Salaries expense Travel expense Printing expense Ahuna engaged in the following transactions in March. Mar. 3 Mar. 11 Mar. 15 Mar. 20 Mar. 24 Mar. 27 Mar. 30 Mar. 31 AHUNA, INC. TRIAL BALANCE MARCH 1, CURRENT YEAR a Collected a $1,200 account receivable from Kim Mitchell. Purchased cooking supplies for $700 cash. Paid $200 of outstanding accounts payable. Issued additional shares of capital stock for $4,000 cash. Recorded $6,200 of client revenue on account $ 5.700 1.800 800 500 3,100 1.500 600 $14.000 $ 300 500 6.000 1.400 5.800 $14.000 Paid March salaries of $900. Recorded and paid March travel expenses of $400. Recorded $300 in printing expenses for recipe books. Payment is due April 12. Instructions Record the company's March transactions in general journal form. Include a brief explanation of the transaction as part of each journal entry b. Post each entry to the appropriate ledger accounts (use the T account format illustrated in Exhibit 3-8). e. Prepare a trial balance dated March 31, current year (Hint Retained Earnings will be reported at the same amount as it was on March 1. Accounting for changes in the Kerained Earnings account resulting from revenue, expense, and dividend activities is discussed in Chapter 5.) d. Has the company paid all of the dividends that it has declared? Explain

(0)1,(0)4,(0)5,(036 4031033,1029 Aalasie deed Marth I. surreit jear. PRoBLEM 3.7e short canmehen ive Aristien cish Actoumts receivibie cooking wakhies Acrevers peyable Diviserids paypible Divines 35,700 Oleri revenue Seares eppene 1.809 Thased evense Aintang tavense Ahana moased in the fialhomeng transwives in March. Mar. I. Cullected a 11,200 accoum recelvable froat Kims Militell Mar 11 Pirdmed ecuaing appties fie s7ob calh Mar. 27. Pald Marb saliens of swom. Instructions (0)1,(0)4,(0)5,(036 4031033,1029 Aalasie deed Marth I. surreit jear. PRoBLEM 3.7e short canmehen ive Aristien cish Actoumts receivibie cooking wakhies Acrevers peyable Diviserids paypible Divines 35,700 Oleri revenue Seares eppene 1.809 Thased evense Aintang tavense Ahana moased in the fialhomeng transwives in March. Mar. I. Cullected a 11,200 accoum recelvable froat Kims Militell Mar 11 Pirdmed ecuaing appties fie s7ob calh Mar. 27. Pald Marb saliens of swom. Instructions