Problem 2-3A (Static) Preparing and posting journal entries; preparing a trial balance LO A1, P1 Denzel Brooks opened a Web consulting business called Venture Consultants and completed the following transactions in March. March 1 Brooks invested $150,000 cash along with $22,000 in office equipment in the company in exchange for caminon stock. March 2 The company prepaid $6,ee0 cash for $1x nonths' rent for an office. Hint: Debit Prepaid Rent for $6,000. March 3 The conpany nade credit purchases of office equipment for $3,090 and office supplies for $1,200. Payment is due within 10 days. March 6 The conpany completed services for a client and immediately received $4,0e0 cash. March 9 the company conpleted a $7,500 project on credit for a client, who must pay within 30 days. March 12 The company paid $4,200 cash to settle the account payable created on March 3. March is The company paid \$5, eae cash for the presiun on a 12-honth insurance policy. Hint: Debit Prepaid Insurance for March 22 The company received $3,580 cash as partial paynent for the work completed on March 9. March 25 The company completed work for another client for $3,820 on credit. Mareh 29 The company paid a $5,100 cash dividend. March 30 The company purchased s6ee of additional office supplies on credit. March 31 The company paid s5ea cash for this month's utility bill. Required: 1. Prepare general journal entries to record these transactions using the following titles: Cash (101): Accounts Receivable (106): Office Supplies (124); Prepaid Insurance (128); Prepaid Rent (13); 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 ds of the end of March. Complete this question by entering your answers in the tabs below. Post the joumal entries from part 1 to the ledger accounts