Pam Fisher opens a web consulting business called Fisher Consulting and completes the following transactions in March. Using the following transactions, record journal entries, create financial statements, and assess the impact of each transaction on the financial statements. Mar. 1 Fisher invested $237,000 cash along with $24,900 in office equipment in the company. Mar. 2 The company prepaid $8,000 cash for six months' rent for an office. The company's policy is to record prepaid expenses in balance sheet accounts. Mar. 3 The company made credit purchases of office equipment for $5,900 and office supplies for $4,100. Payment is due within 10 days. 6 The company completed services for a client and immediately received $6,900 cash. 9 The company completed a $10,400 project for a client, who must pay within 30 days. Mar. 12 The company paid $10,000 cash to settle the account payable created on March 3. Mar. 19 The company paid $9,700 cash for the premium on a 12-month insurance policy. The company's policy is to record prepaid expenses in balance sheet accounts. Mar. 22 The company received $6,200 cash as partial payment for the work completed on March 9. Mar. 25 The company completed work for another client for $6,800 on credit. Mar. 29 Fisher withdrew $5,600 cash from the company for personal use. Mar. 30 The company purchased $1,100 of additional office supplies on credit. Mar. 31 The company paid $1,000 cash for this month's utility bill. Requirement General Journal General Ledger Trial Balance Income Statement St Owners E Every journal entry must keep the accounting equation in balance. Prepare the jourr Consulting, entering the debits before the credits. Each transaction will automatica as soon as you click "Record Entry". View transaction list Journal entry worksheet < 1 2 3 4 5 6 7 8 ..... 12 Mar. 1) Fisher invested $237,000 cash along with $24,900 in office equipment in the company. < Prev 2 of 2 Next > mutantiaT Oly: Summative As... i Saved Help Save & Exit Submit insurance policy. The company's policy is to record prepaid expenses in balance sheet accounts. r. 22 The company received $6,200 cash as partial payment for the work completed on March 9. r. 25 The company completed work for another client for $6,800 on credit. r. 29 Fisher withdrew $5,600 cash from the company for personal use. r. 30 The company purchased $1,100 of additional office supplies on credit. r. 31 The company paid $1,000 cash for this month's utility bill. Requirement General Journal General Ledger Trial Balance Income Statement St Owners Equit Every journal entry must keep the accounting equation in balance. Prepare the journal e Consulting, entering the debits before the credits. Each transaction will automatically t Is soon as you click "Record Entry". View transaction list Journal entry worksheet < 1 2 3 4 5 6 7 8 12 Mar. 1) Fisher invested $237,000 cash along with $24,900 in office equipment in the company. Note: Enter debits before credits. Date Mar 01 Account Title Debit Credit View gene Clear entry Record entry Mar. 1 Fisher invested $237,000 cash along with $24,900 in office equipment in the company. Mar. 2 The company prepaid $8,000 cash for six months' rent for an office. The company's policy is to record prepaid expenses i balance sheet accounts. Mar. 3 The company made credit purchases of office equipment for $5,900 and office supplies for $4,100. Payment is due within 10 days. Mar. 6 The company completed services for a client and immediately received $6,900 cash. Mar. 9 The company completed a $10,400 project for a client, who must pay within 30 days. Mar. 12 The company paid $10,000 cash to settle the account payable created on March 3. Mar. 19 The company paid $9,700 cash for the premium on a 12-month insurance policy. The company's policy is to record prepaid expenses in balance sheet accounts. Mar. 22 The company received $6,200 cash as partial payment for the work completed on March 9. Mar. 25 The company completed work for another client for $6,800 on credit. Mar. 29 Fisher withdrew $5,600 cash from the company for personal use. Mar. 30 The company purchased $1,100 of additional office supplies on credit. Mar. 31 The company paid $1,000 cash for this month's utility bill. Requirement. General Journal General Ledger Trial Balance Income Statement St Owners Using the dropdown buttons, select the financial statement elements and account titles to b balances will automatically populate. Fisher Consulting Income Statement For Month Ended March 31, 2019 < Trial Balance St Owners Equit < Prev 2 of 2 Next > Pam Fisher opens a web consulting business called Fisher Consulting and completes the following transactions in March. Using the following transactions, record journal entries, create financial statements, and assess the impact of each transaction on the financial statements. Mar. 1 Fisher invested $237,000 cash along with $24,900 in office equipment in the company. Mar. 2 The company prepaid $8,000 cash for six months' rent for an office. The company's policy is to record prepaid expenses in balance sheet accounts. Mar. 3 The company made credit purchases of office equipment for $5,900 and office supplies for $4,100. Payment is due within 10 days. Mar. 6 The company completed services for a client and immediately received $6,900 cash. 9 The company completed a $10,400 project for a client, who must pay within 30 days. Mar. 12 The company paid $10,000 cash to settle the account payable created on March 3. Mar. 19 The company paid $9,700 cash for the premium on a 12-month insurance policy. The company's policy is to record prepaid expenses in balance sheet accounts. Mar. 22 The company received $6,200 cash as partial payment for the work completed on March 9. Mar. 25 The company completed work for another client for $6,800 on credit. Mar. 29 Fisher withdrew $5,600 cash from the company for personal use. Mar. 30 The company purchased $1,100 of additional office supplies on credit. Mar. 31 The company paid $1,000 cash for this month's utility bill. Requirement General Journal General Ledger Trial Balance Income Statement St Owners E Using the dropdown buttons, select the item that accurately describes the values that either Fisher Consulting Statement of Owner's Equity For Month Ended March 31, 2019 P. Fisher, Capital, March 1, 2019 $ 0 P. Fisher, Capital, March 31, 2019 < Income Statement Balance Sh Mar. 19 The company paid $9,700 cash for the premium on a 12-month insurance policy. The company's policy is to record prepaid expenses in balance sheet accounts. Mar. 22 The company received $6,200 cash as partial payment for the work completed on March 9. Mar. 25 The company completed work for another client for $6,800 on credit. Mar. 29 Fisher withdrew $5,600 cash from the company for personal use. Mar. 30 The company purchased $1,100 of additional office supplies on credit. Mar. 31 The company paid $1,000 cash for this month's utility bill. Requirement General Journal General Ledger Trial Balance Income Statement St Owners Using the dropdown buttons, select the financial statement elements and account titles to balances will automatically populate. Fisher Consulting Balance Sheet March 31, 2019 < St Owners Equity Impact on Equit Mar. 1) Fisher invested $237,000 cash along with $24,900 in office equipment in the company. Mar. 2) The company prepaid $8,000 cash for six months' rent for an office. The company's policy is to record prepaid expenses in balance sheet accounts. Mar. 3) The company made credit purchases of office equipment for $5,900 and office supplies for $4,100. Payment is due within 10 days. Mar. 6) The company completed services for a client and immediately received $6,900 cash. Mar. 9) The company completed a $10,400 project for a client, who must pay within 30 days. Mar. 12) The company paid $10,000 cash to settle the account payable created on March 3. Mar. 19) The company paid $9,700 cash for the premium on a 12-month insurance policy. The company's policy is to record prepaid expenses in balance sheet accounts. Mar. 22) The company received $6,200 cash as partial payment for the work completed on March 9. Mar. 25) The company completed work for another client for $6,800 on credit. Mar. 29) Fisher withdrew $5,600 cash from the company for personal use. Mar. 30) The company purchased $1,100 of additional office supplies on credit. Mar. 31) The company paid $1,000 cash for this month's utility bill. Total impact on equity Help $ 0