Please prepare the general journal entires, the general ledger and the trial balance for the following transactions:

March Transactions
Date	Transaction Description
March 1	Began business by making a deposit in a company bank account of $20,000, in exchange for 2,000 shares of $10 par value common stock.
March 1	Paid the premium on a 1-year insurance policy, $2,400.
March 1	Paid the current month's rent expense, $1,900.
March 3	Purchased repair equipment from Fred Company, $5,800. Paid $1,000 down and the balance was placed on account. Payments will be $400.00 per month for 12 months. The first payment is due 4/1. Note: Use Accounts Payable for the Balance Due.
March 8	Purchased repair supplies from Gary Company on credit, $650.
March 10	Paid telephone bill for March, $340.
March 11	Cash flight management system (FMS) repair revenue for the first third of March, $1,650.
March 18	Made payment to Gary Company, $400.
March 20	Cash FMS repair revenue for the second third of March, $2,450.
March 31	Cash FMS repair revenue for the last third of March, $1,250.
March 31	Paid the current month's electice bill, $250.
March 31	Declared and paid cash dividend of $1,000.