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Make a document in MS Excel. Use the information provided to complete the exercise. A. Make journal entries. B. Records the transfer to the ledger.

Make a document in MS Excel. Use the information provided to complete the exercise.

A. Make journal entries.

B. Records the transfer to the ledger.

C. Make a trial balance.

On March 1, 2023, Miguel Cabrera established a home improvement business under the name Reparaciones Miguel. During this month of March there were the following transactions:

Date Transaction
March 1ro To open the business, he deposited $40,000 of his personal funds as an investment.
3 Purchased shop equipment for $7,000 on credit.
5 He bought office supplies for $1,000 in cash.
7 Received income from renting a property for $4,000 in cash.
10 He paid basic services (utilities expense) for $400.00.
12 He paid $900 of the equipment purchased on credit.
20 Received income from managing the rental of a building for $7,000 in cash.
30 You made a withdrawal of $200.00 for your personal use.
31 Paid advertising expenses of $2,500.

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