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Please help me fill out the chart with the given information. The first pic is the info, the second is the chart (red is what
Please help me fill out the chart with the given information. The first pic is the info, the second is the chart (red is what I got wrong) and the third-fifth pics have the dropdown options to choose from in the chart. Thank you!
Answer is complete but not entirely correct. Jsing the dropdown buttons, select the financial statement elements and account titles to be included on the income tatement. The account balances will automatically populate. 000: No journal entry required 101: Cash 106: Accounts receivable 124: Office supplies 128: Prepaid insurance 226: Unearnd revenue 307: Common stock 318: Retained earnings 319: Dividends 403: Services revenue 690: Utilities expense 131: Prepaid rent 163: Office equipment 164: Accumulated depreciation - office equipment 201: Accounts payable Jane Stam opens a web consulting business called Stam 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. March 1 Stam invested $201,000 cash along with $23,700 in office equipment in the company in exchange for common stock. March 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. March 3 The company made credit purchases of office equipment for $4,700 and office supplies for $2,900. Payment is due within 10 days. March 6 The company completed services for a client and immediately received $5,700 cash. March 9 The company completed a $9,200 project for a client, who must pay within 30 days. March 12 The company paid \$7,600 cash to settle the account payable created on March 3. March 19 The company paid $7,300 cash for the premium on a 12-month insurance policy. The company's policy is to record prepaid expenses in balance sheet accounts. March 22 The company received \$5,500 cash as partial payment for the work completed on March 9. March 25 The company completed work for another client for $5,600 on credit. March 29 The company paid $5,200 cash in dividends. March 30 The company purchased $700 of additional office supplies on credit. March 31 The company paid $600 cash for this month's utility billStep by Step Solution
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