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Pam Fisher opens a web consulting business called Finance First and completes the following transactions in its first month of operations Prepare journal entries for

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Pam Fisher opens a web consulting business called Finance First and completes the following transactions in its first month of operations Prepare journal entries for each transaction and identify the financial statement impact of each entry The financial statements are automatically generated based on the journal entries recorded Apr 1 Fisher invested $167.000 cash along with office equipment valued at $48.500 in the company Apr 2. The company prepaid $25,00 cash for 12 months rent for office space. The company's policy is record prepaid expenses in balance sheet accounts Apr a The company made crust purchases for $10,000 an office equipment and $5.500 office supplies. Payment due within 10 days Apr 6 The company completed services for client and immediately received $12,00 cash Apr 9 The company completed a 520, 500 project for a client, who ust pay within 30 days Apr 13 The company paid $17.400 cash to settle the account payable created on Apr 13 Apr 19 The company paid $9,360 cash for the premium on 12 month insurance policy The company policy is record prepaid expenses in balance sheet accounts: Apr. 22 The company received $12,300 cash partial payment for the work completed on Art 9 Apr 25 The company completed work for another client for 39,800 on credit Apr 28 Fisher withdrew $5,000 cash from the company for personal use Apr 29 The company purchased $3.500 of additional office supplies on credit Apr 30 The company paid $2,900 cash for this month's utility bill Requirement General Joumal General Ledger Thal Balance Income Statement St Owners Equity Balance Sheet Every joumal entry must keepsie accounting equation in balance. Prepare the journal entries for each of the transactions of the Finance First Company, entering the debits before the credits. Each transaction will automatically be posted to the General Ledger and the Trial Balance as soon as you dick "Record Entry View transaction list Journal entry worksheet 2 2 3 4 5 6 7 8. 12 Apr. 1) Fisher invested 5167,000 cash along with office equipment valued at $40,500 in the company. Note: Enter debits before credits Account Tide Debit Credit Date Apr 01 Record entry Clear entry View general journal

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