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Prepare journal entries Question Completion Status: Use (as needed) the following accounts Cash, Accounts Receivable, Office Supplies, Prepaid Insurance, Office Equipment, Accounts Payable, Dividends Pay
Prepare journal entries
Question Completion Status: Use (as needed) the following accounts Cash, Accounts Receivable, Office Supplies, Prepaid Insurance, Office Equipment, Accounts Payable, Dividends Pay Capital in Excess of Par Value, Common (PIC-CS), Retained Earnings. Consulting Services Earned, Salary Expense, Insurance Expense, And Utility Expense. March 1 The company insus 1,000 shares of $5.00 par value common stock for $30,000 cash. March 1 The company pays $6,000 for the premium on a 12-month insurance policy. March 6 The company purchased office equipment for $1,000 on credit. March 14 The company completed a $5,000 project for a client who must pay within 30 days. March 26 The company pays for the office equipment purchased on March 5. March 28 The company receives $5,000 cash from client billed on March 14. March 31 The company pays a flity bill for $900. March 31 Prepare the adjusting entry for the insurance expired as of March 31. Click Save and submit to save and submit. Click Save All Answers to save all answers Step by Step Solution
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