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Need help with my cash and services revenue trial balance VENTURE CONSULTANTS Trial Balance March 31 Debit Credit Cash Accounts receivable Office supplies Prepaid insurance

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VENTURE CONSULTANTS Trial Balance March 31 Debit Credit Cash Accounts receivable Office supplies Prepaid insurance Prepaid rent Office equipment Accounts payable Common stock Dividends $ 143,500 11,170 2,600 5,000 8,500 27,600 500 174,000 6,100 Services revenue Utilities expense 500 Totals 204,970 $ $ 174,500 Denzel Brooks opened a Web consulting business called Venture Consultants and completes the following transactions in March March 1 Brooks invested $150,000 cash along with $24,000 n office equipment in the company in exchange for common stock 2 The company prepaid $8,500 cash for six months' rent for an office. (Hint: Debit Prepaid Rent for $8,500.) 3 The company made credit purchases of office equipment for $3,600 and office supplies for $2,100. Payment is due within 10 days 6 The company completed services for a client and immediately received $5,500 cash 9 The company completed a $10,600 project for a client, who must pay within 30 days 12 The company paid $5,700 cash to settle the account payable created on March 3. 19 The company paid $5,000 cash for the premium on a 12-month insurance policy. (Hint: Debit Prepaid Insurance for $5,000.) 22 The company received $4,300 cash as partial payment for the work completed on March 9 25 The company completed work for another client for $4,870 on credit. 29 The company paid $6,100 cash in dividends 30 The company purchased $500 of additional office supplies on credit 31 The company paid $500 cash for this month's utility bill 101: Cash Debit Credit Balance Date Mar 1 150,000 150,000 5,500 Mar 6 155,500 Mar 12 149,800 5,700 Mar 19 144,800 5,000 Mar 22 4,300 149,100 Mar 29 6,100 143,000 500 142,500 403: Services Revenue Date Debit Credit Balance Mar 9 10,600 10,600 Mar 25 4,870 15,470

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