Saved John Ryan opens a web consulting business called Green Initiatives and completes the following transactions in its first month of operations. Prepare journal entries for each transaction and identify the financial statement impact of each entry. The financial statements are automatically generated based on the journal entries recorded. Apr. 1 Ryan invested $104,000 cash along with office equipment valued at $30,000 in the company. Apr. 2. The company prepaid $13,800 cash for twelve months' rent for office space. The company's policy is record prepaid expenses in balance sheet accounts. Apr. The company made credit purchases for $8,800 in office equipment and $4,400 in office supplies. Payment is due within 10 days. Apr. 6 The company completed services for a client and immediately received $6,400 cash. Apr. The company completed a $10,000 project for a client, who must pay within 30 days. Apr. 13 The company paid $13,200 cash to settle the account payable created on April 3. Apr. 19 The company paid $4,320 cash for the premium on a 12-month insurance policy. The company's policy is record prepaid expenses in balance sheet accounts. Apr. 22 The company received $6,000 cash as partial payment for the work completed on April 9. Apr. 25 The company completed work for another client for $4,700 on credit. Apr. 28 Ryan withdrew $5,500 cash from the company for personal use. Apr. 29 The company purchased $1,400 of additional office supplies on credit. Apr. 30 The company paid $1,900 cash for this month's utility bill. Requirement General Journal General Ledger Trial Balance Income Statement St Owners Equity Balance Sheet FS Impact General Journal Tab. For each transaction, prepare the required journal entry on the General Journal tab. List debits before credits. General Ledger Tab - One of the advantages of general ledger software is that posting is done automatically. To see the detail of all transactions that affect a specific account, or the balance in an account at a specific point in time, click on the General Ledger tab. Trial Balance Tab - General ledger software also automates the preparation of trial balances. A trial balance lists each account from the General Ledger, along with its balance, either a debit or a credit. Total debits should always equal total credits. Income Statement Tab - The revenue and expense balances from the trial balance appear on the income statement, along with their balance as of the date selected. Review the income statement and indicate how the income statement is linked to the other financial statements Statement of Owner's Equity Tab - Owner investments and withdrawals, as reported on the trial balance, appear on the statement of owner's equity. Review the statement of owner's equity and indicate how the statement of owner's equity is linked to the other financial statements Balance Sheet Tab - Each asset and liability account balance, as reported on the trial balance, appears on the balance sheet, along with the ending capital balance. Review the balance sheet and then indicate how the balance sheet is linked