On March 1, 2015 you created a new travel agency. The following transactions occurred during the companys first month.

March 1: You invested $20,000 cash and computer equipment worth $40,000 in the company.

March 2: The company rented furnished Office space by paying $1,700 cash for the first months (March) rent.

March 3: The company purchased $1,100 of Supplies for cash.

March 10: The company paid $3,600 cash for the premium on a 12-month insurance policy. Coverage begins on March 11.

March 14: The company paid $1,800 cash for two weeks, salaries earned by employees.

March 24: The company collected $7,900 cash on commissions from airlines on tickets obtained from customers.

March 28: The company paid $1,800 cash for two weeks salaries earned by employees.

March 29: The company paid $250. cash for minor repairs to the companys computer.

March 30: The company paid $650. cash for this months telephone bill.

March 31: You withdrew $1,500 cash from the company for personal use.

The Company s Chart of Accounts follows:

101 Cash 405 Commissions Earned

106 Accounts Receivable 612 Depreciation Expense Equip.

124 Supplies 622 Salaries Expense

128 Prepaid Insurance 637 Insurance Expense

167 Computer Equipment 640 Rent & Maintenance Expense

168 Accumulated Depreciation 650 Office Supplies Expense

209 Salaries Payable 684 Repairs Expense

301 Your name, Capital 688 Telephone Expense

302 Your name, Withdrawals 700 Income Summary

Using the chart of accounts, create journal entries for each transaction that occured in march.