March Required Information [The following information applies to the questions displayed below.) Below are the transactions for Ute Sewing Shop for March, the first month of operations, March 1 Issue common stock in exchange for cash of $1,200. March 3 Purchase seving equipment by signing a note with the local bank, $900. 5 Pay rent of $420 for Mareh. March 7 Martha, a customer, place an order for alterations to several dresses. Ute estimates that the alterations will cost Martha $620. Martha is not required to pay for the alterations until the work is complete March 12 Purchase sewing supplies for $112 on account. This material will be used to provide services to customers March 15 Ute delivers altered dresses to Martha and receives $620. March 19 Ute agrees to alter 10 banines muita for Nob, who has lost a significant amount of weight recently. Ute receives $520 from Bob and promises the suits to be completed by March 25. March 25 Ute delivers 10 altered business with to Bob. March 30 Pay utilities of $77 for the current period. March 31 Pay dividenda of $60 to stockholders. 2. & 3. Post each transaction to the appropriate T-accounts and calculate the balance of each account at March 31. Cash Supplies Beg Bal Beg. Bal End. Bal End. Bal Equipment Accounts Payable Beg. Bal. Beg. Bal. End. Bal. End. Bal Deferred Revenue Notes Payable Beg. Bal. Beg. Bal End. Bal. End. Bal Common Stock Dividends Bog. Bal Beg. Bal End, Bal End. Bal Service Revenue Rent Expense Bog. Bal Bog. Bal Common Stock Dividonds Beg. Bal. Beg. Bal. End. Bal. End. Bal. Service Ravenue Ront Expense Bog. Bal Beg. Bal End. Bal. End. Bal. Utilities Expenso Bog. Bal. End. Bal