The chart of accounts and the post-closing trial balance as of February 28, 2015 are given. For each account in the post-closing trial balance, enter the balance in the appropriate Balance column of the ledger. Date the balances March 1, 2015, and place a check mark ( ) in the Posting Reference column. Journalize each of the March transactions in the journal provided using Samuel Technology Services chart of accounts. (Do not insert the account numbers in the journal at this time).

Sam started Samuel Technology Service in February, 2015. The following transactions occurred in March, 2015:

Mar 1 Received cash from customers on account, $ 3,500.

2 Paid cash for advertising on a local website, $ 600.

3 Received cash from customers as an advance payment for technical support services to be provided in the future, $ 5,000.

6 Paid technician $ 1,500 in salary, including the amount owed at the end of February.

8 Paid $ 800 on account.

12 Billed customers for services provided on account, $ 12,200.

16 Received $ 7,750 cash for fees earned for jobs completed.

17 Paid technician $ 1,500 in salary.

18 Purchased supplies on account, $ 800.

20 Received $ 16,400 cash for fees earned for jobs completed.

21 Billed customers for services provided on account, $ 6,400.

23 Received cash from customers on account, $ 19,000.

26 Paid phone bill for the

month, $ 240.

28 Paid electricity bill for the month, $ 580.

30 Billed customers for services provided on account, $ 7,800.

31 Received cash from customers on account, $ 10,200.

31 Sam withdrew $16,000 for personal use.

SAMUEL TECHNOLOGY SERVICE CHART OF ACCOUNTS

11 Cash

12 Accounts Receivable

14 Supplies

15 Prepaid Rent

16 Prepaid Insurance

18 Office Equipment

19 Accumulated Depreciation

21 Accounts Payable

22 Salaries Payable

23 Unearned Fees

31 Sam Olin, Capital

32 Sam Olin, Drawing

41 Fees Earned

51 Salary Expense

52 Rent Expense

53 Supplies Expense

54 Depreciation Expense

55 Insurance Expense

59 Miscellaneous Expense