Prepare the journal entries

March 1

Abby Todd invested Cash of $5000 in the new employment agency, along with a computer worth $1200, and office furniture worth $1800. HINT: ALOE & entry must balance.

March 4

Additional equipment, a second hand scanner was purchased for cash, $200

March 5

Employment fees commission was earned $200 for recruiting for Blue Co. and the payment will only be received in June

March 7

Wages of $300 was paid to receptionist

March 8

Abby Todd, paid her home utility bill of $75 using the company cheque book.

March 11

Abby Todd placed Rick Wood at DVD Corporation and received $1200 as employment fees commission.

March 15

Abby Todd put $100 worth of gas in her personal vehicle using company funds, for travelling to see potential clients.

March 15

A variety of office supplies items for $200 was purchased for cash from Office Depot.

March 20

Abby Todd place Sue Best in a local non-profit organisation called “All for You”, and billed the company the $500 commission fee, payable in 45 days.

March 27

Abby Todd attended a training workshop on the steps to successful recruiting and paid $375 to “Best Practices Co”.

March 28

The March telephone bill for $180 was received from Telus and not yet paid.

March 28

An early part payment of $75 was received from Blue Co to reduce the amount they owed.