part 1

part2

part 3

Denzel Brooks opened a Web consulting business called Venture Consultants and completed the following transactions in March. March 1 Brooks invested $180,000 cash along with $27,000 in office equionent in the conoany. March 2 The combany prepaid $9,500 cash for six months' rent for an office. Hint: Debit Prepaid Pent for $9,500. Mrch 3. The corpany made credit ourchases of office equipment for $4,700 and office supolies for $2.000. Payment is due within 10 days. March 6 The compary conpleted services for a client and imediately received $5,500 cash, March 9 The comany completed a $12,100 project on credit for a client, who aust pay within 30 days: March 12 The company paid $6,700 cash to settle the account payable created on March 3 March 19 The company paid $4,900 cash for the premium on a 12 month insurance pol icy. Hint: Debit. Prepaid Insurance for $4,900. March 22 The compary received $4,600 cash as partial payment for the work comoleted on Narch 9 March 25 the combery completed work for another client for $3.650 on cred it March 29 Brooks withdrew $5.900 cash from the compary for personal use. March 30 The company Durchased $500 of additional office supol les on credit March 31 The company paid $1,100 cash for this month's ut ility bill. Required: 1. Prepare general journal entries to record these transactions using the following titles: Cash (101); Accounts Receivable (106): Offic Supplies (124); Prepaid Insurance (128); Prepaid Rent (131); Office Equipment (163); Accounts Payable (201); D. Brooks, Capital (301); Brooks, Withdrawals (302): Services Revenue (403); and Utilities Expense (690). 2. Post the journal entries from part 1 to the ledger accounts. 3. Prepare a trial balance as of the end of March. Complete this question by entering your answers in the tabs below. Prepare general journal entries to record these transactions using the following tities: Cash (101); Accounts Receivable (106); Office Supplies (124); Prepaid Insurance (128); Prepaid Rent (131); Office Equipment (163); Accounts Payable (201); D. Brooks. Capital (301); D. Brooks. Withdrawals (302); Services Revenue (403); and Utilities Expense (690). Complete this question by entering your answers in the tabs below. Prepare general journal entries to record these transactions using the following titles: Cash (101); Accounts Receivable (106); Office Supplies (124); Prepaid Insurance (128); Prepaid Rent (131); Office Equipment (163); Accounts Payable (201); D. Brooks, Capital (301); D. Brooks, Withdrawals (302); Services Revenue (403); and Utilities Expense (690). Journal entry worksheet Brooks invested $180,000 cash along with $27,000 in office equipment in the company. Note: Enter debits before credits. Post the journal entries from part 1 to the ledger accounts. \begin{tabular}{|c|c|c|c|} \hline \multicolumn{1}{|c|}{ 124: Office Supplies } \\ \hline Date Debit & Credit & Balance \\ \hline & & \\ \hline \end{tabular} \& Required 1 Required 3 > 3. Prepare a trial balance as of the end of March. Complete this question by entering your answers in the tabs below. Prepare a trial balance as of the end of March