Mar 2 Received $6,500 cash from Smith, and issued ordinary shares to him. 2 Paid monthly office rent, $500. 3 Paid cash for a Dell computer, $2,500, with the computer expected to remain in service for five years. 4 Purchased office furniture on account, $7,200, with the furniture projected to last for five years. 5 Purchased supplies on account, $400. 9 Performed tax service for a client and received cash for the full amount of $1,500. 12 Paid utility expenses, $400. 18 Performed consulting services for a client on account, $1,900. Print Done TAD C Jerome Smith, Certified Public Accountant, operates as a professional corporation 20X6. Click the icon to view the transactions.) Requirements 1 Journalize the transactions. Explanations are not required. 2. Post to the T-accounts. Key all items by date and denote an account balance on March 18, 20X6, as Bal. 3. Prepare a trial balance at March 18, 20X6. In the Serial Exercise of Chapter 3, we add transactions for the remainder of March and will require a trial balance at March 31. st Requirement 1. Journalize the transactions. Explanations are not required. (Record debits first, then credits. Leave unused cells blank.) Record the transactions in the journal. Begin with the March 2nd receipt of $6,500 cash and issuance of ordinary shares to Smith Credit Journal Entry Accounts Debit Date Mar Check Answer Clear All