Problem 2-1A (Algo) Preparing and posting journal entries; preparing a trial balance LO A1, P1 Karla Tanner opened a Web consulting business called Linkworks and completed the following transactions in its first month of operations April 1 Tanner invested $120,000 cash along with office equipment valued at $28,800 in the company in exchange for common stock. 2 The company prepaid $7,200 cash for 12 months' rent for office space. Hint: Debit Prepaid Rent for 57,200 3. The company made credit purchases for $14,400 in office equipment and $2,880 in office supplies. Payment is due within 10 days. 6 The company completed services for a client and immediately received $2,000 cash 9 The company completed a 59,600 project for a client, who must pay within 30 days. 13 The company paid $17,280 cash to settle the account payable created on April 3. 19 The company paid $6,000 cash for the premiun on 12-month prepaid insurance policy. Wint: Orbit Prepaid Insurance for $6,000. 22 The company received 57,688 cash as partial payment for the work completed on April 3. 25 The company completed work for another client for $2,640 on credit. 28 The company paid a $6,200 cash dividend 29 The company purchased $960 of additional office supplies on credit. 30 The company paid $700 cash for this month's utility bill. Required: 1. Prepare general journal entries to record these transactions using the following tiles Cash (107). Antounts Receivable (106) Office Supplies (124): Prepaid Insurance (128). Prepaid Rent (131), Office Equipment (163), Accounts Payable (201). Common Stock (307), Dividends (319), 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 April 30 Complete this question by entering your answers in the tabs below. unte Recevable (106) Office View transaction list Journal entry worksheet Sk